BigONE Will Merge the Shares of ALGO3L, DOGE3L, FTM3S, KNC3S, LOOKS3L, TLM3L, ALICE3L, SXP3L, CELO3L, GALA3L and BAL3L Leveraged ETF Products

Dear BigONE users,

As the unit price of leveraged ETF products ALGO3L, DOGE3L, FTM3S, KNC3S, LOOKS3L, TLM3L, ALICE3L, SXP3L, CELO3L, GALA3L and BAL3L has triggered the BigONE leveraged ETF share merging mechanism. In order to improve the effectiveness of the price, we will initiate the merge on 3 March 2022 at 23:30 (GMT+8), and the shares of ALGO3L, DOGE3L, FTM3S, KNC3S, LOOKS3L, TLM3L, ALICE3L, SXP3L, CELO3L, GALA3L and BAL3L 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 10,000 shares of KNC3S with the new share of the net value 10,000 times the original share. The net value conversion will be based on the net value at the time of the merge.
• The original 2,000 shares of ALGO3L and FTM3S with the new share of the net value 2,000 times the original share. The net value conversion will be based on the net value at the time of the merge.
• The original 1,000 shares of TLM3L, DOGE3L, LOOKS3L, ALICE3L, SXP3L, CELO3L, GALA3L and BAL3L 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 10,000 KNC3S, each with a net value of 0.00017 and a total amount of 2.4 USDT. After the merge, David holds 1 KNC3S, each with a net value of 1.7, and the total amount remains unchanged at 2.4 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 If the orders are not withdrawn, the system will automatically cancel all orders and the relevant assets will be returned to the account.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
3 March 2022