LBank to Launch「LBK 101 Plan」WDS Sale

LBank Exchange
3 min readSep 21, 2020

Dear LBank Users

To benefit LBK community, LBank will launch the 「LBK 101 Plan」WDS Sale on Sept 25. A total of 2 million USDT equivalent WDS will be sold in this event, divided into Beneficial sale and LBK special. The foundation commits to a “101% repurchase period” within 7*24 hours of the launch of the trading, the Foundation will carry out the full Buying-order at 101% of the sale price, as follows:

Subscription time:16:00 on Sept 25 to 18:00 on Sept 25 (UTC+8)

Total Supply: 4 billion WDS

Purchase Supply:200,000,000 WDS

Subscription Currency:USDT

Subscription Price:1 WDS = 0.01USDT

Subscription Mode: weighted average allocation

Participation Condition: Users need to complete the KYC Verification.

101 Repurchase: The foundation commits to a “101% repurchase period” within 7*24 hours when the trading list, the Foundation will carry out the full Buying-order at 101% of the sale price.

Repurchase Cycle: 2020.09.25 20:01–2020.10.02 20:01 (UTC+8)

*Note: the repurchase will only be carried out in this period of time.

「Welfare Special」

Purchase Limit: Total 500,000 USDT quota. Users who complete the KYC Verification can share a special quota equivalent to 2,000 USDT, which does not conflict with LBK Special.

「LBK Special」

Purchase Limit: LBK community will be able to share a special quota equivalent to 1,500,000 USDT. The subscription quota will be set according to the amount of LBK (spot) held by the user within the specified time. Users who do not hold LBK cannot participate. The number of LBK positions held by the user is calculated based on the average number of LBK held within the specified snapshot time.

Down below is the reference table between LBK average holding amount and subscription amount:

Snapshot Cycle of LBK Holding: From 00:00 on Sept 11 to 00:00 on Sept 25 (UTC+8)

Daily Snapshot Time: Snapshot will be taken at random times during the specified period.

Trading Open: 20:00 on Sept 25, 2020 (UTC+8)

Deposit/Withdrawal Enable: 20:00 on Sept 25, 2020 (UTC+8)

Trading Pair: WDS/USDT

Subscription Results:

LBank will announce the subscription result within 2 hours after the end of the subscription. The USDT for subscription will be deducted. The actual subscription amount will be calculated within 2 hours and the following processing will be completed:

1 Deduct the USDT from the actual subscription;

2 Return the rest of USDT except for the deducted USDT;

3 Complete the distribution of the subscribed token.

Calculation:

The actual subscription amount of a account = (the effective subscription amount of the account) / (the total subscription amount of the whole platform on the same day) * (the total amount of token available for sale on the same day)

  • WDS Introduction

TWO WINDS was founded in Singapore in 2019 to launch a business to save people suffering from “obstacles for healthy life expectancy” and “lifestyle diseases” which are prevalent around the world. We aim to create new opportunities for responsible medical innovation by distributing unique and innovative medicines and supplements to the world, issuing the WDS, a unique token controlled by blockchain technology, and building a system that allows people to receive equal and full treatment.

You can buy Twowinds products with a token. There is no other use for it at the moment, but as the value of the product increases, the value of the token can also increase, so you can make a profit or loss by trading on a public exchange.

Website: https://ac.twowind.com/

Blockchain Browser: https://cn.etherscan.com/address/0x19c8AC33Cb42C67ce69bCf4e52466a955D46F866#code

Notice:

Users need to complete KYC Verification and the following countries & regions are not supported in this event: Belarus, the Republic of the Congo, Iran, mainland China, Iraq, North Korea, Sudan, Syria, United States of America and its territories (American Samoa, Guam, northern mariana islands, Puerto Rico and United States virgin islands), Zimbabwe.

* The final interpretation of the activity belongs to LBank.

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LBank Exchange
LBank Exchange

Written by LBank Exchange

LBank (https://www.lbank.com/) —The World’s Leading Digital Asset Exchange.

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