Dear BigONE users,
As the unit price of leveraged ETF products HOOK3S, EGLD3S, TIA3S, YGG3S, LINK5S, COMP3S and SOL5S has triggered the BigONE leveraged ETF share merging mechanism. In order to improve the effectiveness of the price, we will initiate the merge on 29 December 2023 at 23:30 (GMT+8), and the shares of HOOK3S, EGLD3S, TIA3S, YGG3S, LINK5S, COMP3S and SOL5S will be merged separately. After the merge, the total assets of users will not be affected in any way.
The name, abbreviation, and transaction pair of the new share are the same as before the merge.
- The original 1,000 shares of HOOK3S, EGLD3S, TIA3S, YGG3S, LINK5S, COMP3S and SOL5S with the new share of the net value 1,000 times the original share. The net value conversion will be based on the net value at the time of the merge.
Example:
At the time of the merge, David held 1,000 HOOK3S, each with a net value of 0.00824828 and a total amount of 8.24828 USDT. After the merge, David holds 1 HOOK3S, each with a net value of 8.24828 and the total amount remains unchanged at 8.24828 USDT.
Note:
- During the merge, we will stop the transaction of the currency pair asset half an hour in advance (the merger process is expected to be 1 hour), and other currency pair transactions will not be affected.
- Before the merge, all users who have pending orders for the currency pairs above are requested to withdraw their orders in advance. If the orders are not withdrawn, the system will automatically cancel all orders and the relevant assets will be returned to the account.
Leveraged ETF product FAQ: https://bigone.zendesk.com/hc/en-us/articles/900002710806
BigONE, more than just asset security.
Regards,
BigONE Team
29 December 2023
Comments
0 comments
Article is closed for comments.