LBank to Launch 「Mina Protocol(MINA)」USDT SPECIAL SALE

LBank Exchange
3 min readMar 31, 2021

Dear LBank users:

LBank will launch the “Mina Protocol(MINA)” special sale on April 13. The total amount of this sale is MINA equivalent to 50,000 USDT, the “LBK Special” enjoys an equivalent of 20,000 USDT and the “USDT Special” enjoys an equivalent of 30,000 USDT. The “USDT Special”participation rules are as follows :

Purchase time:22:00 on Apr 13 -08:00 on Apr 15, 2021 (UTC+8)

Purchase Supply:30,000 USDT equivalent MINA

Purchase Currency:USDT

Subscription price: 0.25 USDT

Subscription model: weighted average

Participation conditions:

1)Pass the KYC verification

2) Apr 1-Apr 13, USDT daily average holding snapshots need to be ≥5,000 USDT

Subscription price ratio: 1MINA=0.25USDT

Purchase limit per person: There is no upper limit for each user

Snapshot method: random snapshot

Token release rule: 24 months linear issuance (will be unlocked on May 31, 2021, and will be issued every month thereafter)

Purchase result announcement:

LBank will announce the subscription result within 2 hours after the subscription ends. USDT used for subscription will be deducted. The actual subscription limit will be calculated within 2 hours, and the following processing will be completed:

1 Deduct the USDT that has actually been successfully subscribed;

2 USDT refunded after deducting the subscription fee;

3 Complete the distribution of the subscription currency.

Getting Whitelisted

  • Whitelist open: March 31th
  • Whitelist close: April 9th
  • Whitelist result announce: April 10th on LBank Twitter

To apply $Mina Whitelist, please complete the following:

1️⃣Like, Retweet, tag 2 friends and add hashtag #LBankTokensale #LBank #Mina- LBank Pinned Twitter

2️⃣Follow @LBank_Exchange on Twitter

3️⃣Join LBank Telegram Community

4️⃣Join LBank Telegram News Channel

5️⃣Fill out this whitelist form

All entries in the form will be checked for valid email accounts, Telegram handles, LBank accounts, and Twitter accounts. Any Bot entries, if found, will be removed prior to a randomized draw of qualified users who will then be whitelisted for the Mina Sale. Entries that have not completed all of the above steps will be disqualified.

There will be a total number of 100 winners of the lottery, each winner is eligible to purchase $100 worth of Mina tokens. Whitelist winners will be contacted via email by an official.

LBank will reach out to all winners by email via the address and all whitelist winners will need to pass the LBank KYC process and hold 5,000 LBK in order to be able to get the whitelist.

About MINA

Mina is building a privacy-preserving gateway between the real world and crypto — and the infrastructure for the secure, democratic future we all deserve.

Token distribution

1、Total supply

The initial circulation is 1 billion, and it is inflated at a certain percentage every year.

2、Initial allocation

At the time of issuance, up to 1 billion MINA tokens will be distributed (excluding future block rewards), which will be fully unlocked within 8 years.

The initial inflation rate was 12%, and the subsequent decrease year by year, eventually reaching 7%.



Actual account subscription limit = (account valid subscription limit)/(total subscription total on the day) * (total Token sales limit on the day)


Users need to complete identity verification (KYC) and not be in the following countries or regions to participate in the sale of this project.

List of countries or regions restricted to participate: Belarus, Republic of 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 the U.S. Virgin Islands) ), Zimbabwe.