LBank to Launch Special Sale with AVF

LBank Exchange
3 min readSep 2, 2020

Dear LBank Users:

To benefit LBK community, LBank will launch the AVF Special Sale on Sept 8. In this round of sale, 28,571,428 AVF will be sold on this event. The LBK Special will be able to share a special quota 14,285,714 AVF the Welfare Special will be able to share a quota 14,285,714 AVF.

Subscription time:16:00–18:00 on Sept 8, 2020 (UTC+8)

Purchase Supply:28,571,428AVF

Subscription Currency:USDT

Subscription Mode: weighted average allocation

Participation Condition: Users need to complete the KYC Verification

Purchase Price Algorithm: 1 AVF = 0.0035 USDT

1、LBK Special

Purchase Limit: LBK community will be able to share a special quota equivalent to 50,000 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:

Snapshot Cycle of LBK Holding: From 00:00 on Aug 25 to 00:00 on Sept 8, 2020 (UTC+8)

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

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: 15:00 on Sept 9, 2020 (UTC+8)

Trading Pair: AVF/USDT

Subscription Results:

LBank will announce the subscription result within two hours 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.

Calculation:

The actual subscription amount of an 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 AVF

AVF is the abbreviation of adult video fans. It is an interactive entertainment platform established by Singapore AVF holding group for the Japanese AV stars, online idols and fans from all over the world. Based on blockchain Technology, the relationship between fans and AV stars will be better.

AVF website: www.avf.io

AVF Whitepaper: http://www.avf.io/img/files/AVF_whitebook_cn_V1.0_2020513.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.

* 「AVF Special Sale」 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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LBank Exchange
LBank Exchange

Written by LBank Exchange

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

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