LBank to Launch「LBK Spring Duck Plan」 20% off Special Sale with Ainance
Dear LBank Users：
To benefit LBK community, LBank will launch the “LBK Spring Duck Plan” AIN Special Sale on May 28. In this round of sale, 6,000,000 AIN will be sold on this event. The LBK Special will be able to share a special quota 4,000,000 AIN, the Welfare Special will be able to share a quota 2,000,000 AIN.
Subscription time：16:00–18:00 on May 28, 2020 (UTC+8)
Purchase Supply：6-Million AIN
Subscription Currency：USDT
Subscription Mode: weighted average allocation
Participation Condition: Users need to complete the KYC Verification.
Trading Enable: AIN/USDT trading will be opened at 20:00(UTC+8) on the same day.
Purchase Price Algorithm: The saling price will be valued as 20% off official price of the day before May 28.
*AIN Official Price: Ainance provides users with a price lower than the official price on the platform for limited auction. The official price calculation method can be found in the Ainance white paper: https://ainance.io/wp/Ainance_WP.pdf
Snapshot Cycle of LBK Holding: From 00:00 on May 14 to 00:00 on May 28, 2020 (UTC+8)
Daily Snapshot Time: Snapshot will be taken at random times during the specified period.
1、LBK Special
Purchase Limit: LBK community will be able to share a special quota 4-Million AIN. 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.
Below is the reference table between LBK average holding amount and subscription amount:
2、Welfare Special
Purchase Limit: Users who complete the KYC Verification can share a special quota 2-Million AIN, which does not conflict with LBK Special. The maximum subscription limit for one user is 300 USDT.
Trading Open: 20:00 on May 28, 2020 (UTC+8)
Trading Pair: AIN/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.
All USDT used to pay for this sale will be used to repurchase LBK and been burned.
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)
About AIN
Ainance.io is the world’s leading AI investing platform for crypto investors, and AIN is the platform coin to let cost down and make easy money.
AIN Website：https://ainance.io/
AIN White Paper：https://ainance.io/wp/Ainance_WP.pdf
⚠️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.
* 「LBK Spring Duck Plan」 is a high-risk investment method, investors should participate rationally and guard against investment risks. LBank is not responsible for any investment behavior such as guarantee, compensation, etc.;
* The final interpretation of the activity belongs to LBank
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