LBank to Launch Special Sale with CVA
Dear LBank Users：
To benefit LBK community, LBank will launch the CVA Sale on Oct 21. A total of 400,000 USDT equivalent CVA will be sold in this event, divided into Beneficial sale and LBK special. The foundation commits to a “101% repurchase period” within 3*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 Oct 21 to 18:00 on Oct 21 (UTC+8)
Repurchase Cycle: 2020.10.22 18:01–2020.10.25 18:01 (UTC+8)
*Note: the repurchase will only be carried out in this period of time.
CVA Project Details:
Project Name: CVA
Purchase Supply：1,142,857 CVA
Subscription Currency：USDT
Subscription Price：1 CVA = 0.35USDT
Subscription Mode: weighted average allocation
Participation Condition: Users need to complete the KYC Verification.
「LBK Special」
Purchase Limit: LBK community will be able to share a special quota equivalent to 200,000 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 Oct 7 to 00:00 on Oct 22 (UTC+8)
Daily Snapshot Time: Snapshot will be taken at random times during the specified period.
「Welfare Special」
Purchase Limit: Total 200,000 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.
Trading Open: 18:00 on Oct 22, 2020 (UTC+8)
Withdrawal Enable: 18:00 on Oct 22, 2020 (UTC+8)
Deposit Enable: 15:00 on Oct 29, 2020 (UTC+8)
Trading Pair: CVA/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:
- Deduct the USDT from the actual subscription;
- Return the rest of USDT except for the deducted USDT;
- 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)
- CVA Introduction
CVA token is the digital asset that is needed in any web portal, App and physical Crypto village of our ecosystem. OUR ECOSYSTEM CONSISTS OF:
A FINANCIAL GROWTH PROGRAM (APP)
SEVEN VERTICAL WEB PORTALS AND
A BLOCKCHAIN BASED SMART CITY ~ CRYPTO PHYSICAL VILLAGE.
Website: www.cryptovillageaccelerator.com
Blockchain Browser: https://etherscan.io/token/0x78A52E12c7b63d05c12F9608307587CF654EC3d0
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.
