LBank to Launch「LBK Spring Duck Plan」20% off Special Sale with JUS
Dear LBank Users：
To benefit LBK community, LBank will launch the “LBK Spring Duck Plan” 20% off JUS Special Sale on April 3. In this round of sale, JUS equivalent to 400,000 USDT will be sold. The LBK community will be able to enjoy a special quota equivalent to 250,000 USDT, the LBK community node will be able to share a contribution quota equivalent to 100,000 USDT, and the LBank users will be able to share a discount quota equivalent to 50,000 USDT.
Subscription time：17:00–19:00 on April 3, 2020 (UTC+8)
Purchase Supply：JUS equivalent to 400,000 USDT
Subscription Currency：USDT
Subscription Mode: weighted average allocation
Participation Condition: Users need to complete the KYC Verification.
Trading Enable: JUS/USDT trading will be opened at 20:00(UTC+8) on the same day.
Purchase Price Algorithm:
The price of JUS will be calculated according to the price of JUS/USDT trading pair within 3 days before the subscription. Assuming the JUS price is 1 JUS = 0.03 USDT, then the 20% off purchase price of JUS is: 1 USDT=41.66 JUS.
Snapshot Cycle of LBK Holding: From 00:00 on March 20 to 00:00 on April 3, 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 equivalent to 250,000 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.
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 equivalent to 50,000 USDT, which does not conflict with LBK Special. The maximum subscription limit for one user is 300 USDT.
Trading Open: 20:00 on April 3, 2020 (UTC+8)
Trading Pair: JUS/USDT
Subscription Results Announcement:
LBank will announce the subscription result within one hour after the end of the subscription. The USDT for subscription will be deducted. The actual subscription amount will be calculated within 1 hour 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 discount 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 Justalk
JUST is the shorthand for “JUSTICE”. JUST NETWORK/JUSTALK aims to empower social networking through blockchain technology and become the constructor of next generation decentralized value-based social networking ecology. The essence of blockchain is decentralization and tamper-proof. Once the trust issue is solved, the efficiency of social networking ecology will improve.
JUST NETWORK is the next generation fully-scalable and decentralized social network platform. It uses cutting-edge blockchain technology to establish a new user-centric social ecosystem. It’s first decentralized application, JUSTALK, is an instant messaging and wallet app made for the crypto world, gaining over 100,000 registered users within 30 days of launch. The app provides privacy protection for users through its point-to-point data transmission service. Users have complete ownership and control over their own data, and need not worry about information leak of any kind. Its digital currency, JUS, is one of the first mobile-enabled social currency for ordinary people. Through chatting, transacting, browsing and gaming, JUS is laying foundation for an inclusive, online ecosystem where everyday people can capture their fair share of digital wealth.
More information about Justtalk on
Justalk Website：www.justalk.io
Justalk White Paper：https://just-network.oss-ap-southeast-1.aliyuncs.com/whitepaper.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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