Dear BigONE users,
As the unit price of leveraged ETF products AVAX3S, SHIB3S, DOT3L, DYDX3S, ETH3L is lower than 0.05 USDT, BigONE leveraged ETF product share consolidation mechanism has been triggered. In order to improve the effectiveness of the price, we will initiate the consolidation on 6 October 2021 at 23:30 (GMT+8), and the shares of AVAX3S, SHIB3S, DOT3L, DYDX3S, ETH3L 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 100 shares of AVAX3S, SHIB3S, DOT3L, DYDX3S, ETH3L and the new share of the net value becomes 100 times the original share, and the net value conversion is based on the net value at the time of the merge.
Example:
At the time of the merge, David held 100 DOT3L, each with a net value of 0.0015 and a total amount of 0.15 USDT. After the merge, David holds 1 FLM3S, each with a net value of 0.15, and the total amount remains unchanged at 0.15 USDT.
Note:
1. 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.
2. 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 If the orders are not withdrawn, the system will automatically cancel all orders and the relevant assets will be returned to the account.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://support.bigone.com/hc/zh-cn/articles/900002710806
If you have any suggestions about leveraged ETFs, please contact us by filling out the form: https://jinshuju.net/f/XONJJZ
BigONE, more than just asset security.
Regards,
BigONE Team
6 October 2021
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