Dear LBank users:
The merging mechanism of leveraged ETF products is triggered as the unit price of some leveraged ETF trading pairs are lower than 0.1 USDT. LBank will merge these ETF products at 20:00 (UTC+8) on September 10, 2021, after which the total assets of users will not be affected.
🚩The combined 10000 times ETF varieties include: ALGO3S*10000
The original 10000 token shares of the above varieties will become 1 new token share, and the net value of the new share will become 10000 times the original share; the net value conversion is based on the net value at the time of the merger.
🚩The combined 1000 times ETF varieties include: AXS5S*1000, WAVES3S*1000, OMG3S*1000, NEAR3S*1000, UNI5L*1000,BSV5L*1000
The original 1000 token shares of the above varieties will become 1 new token share, and the net value of the new share will become 1000 times the original share; the net value conversion is based on the net value at the time of the merger.
* The name, abbreviation and transaction pair of the new share are the same as before the merger.
* The merger operation is expected to be executed for 3 hours. During the merger period, the trading pairs participating in the merger cannot be traded, pending orders are automatically cancelled, and user positions are calculated by the merger algorithm.
If you have problems, please contact LBank official email: firstname.lastname@example.org, and we will provide sincere, friendly and immediate service for you. We also welcome you to join LBank.info official English community to discuss the latest issue, (Telegram): https://t.me/LBank_en.