BigONE Will Merge the Shares of LUNA5L, LUNA3L and ANC5L Leveraged ETF Products

Dear BigONE users,

As the unit price of leveraged ETF products LUNA5L, LUNA3L and ANC5L has triggered the BigONE leveraged ETF share merging mechanism. In order to improve the effectiveness of the price, we will initiate the merge on 11 May 2022 at 12:30 (GMT+8), and the shares of LUNA5L, LUNA3L and ANC5L 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 1,000,000 shares of LUNA5L with the new share of the net value of 1,000,000 times the original share. The net value conversion will be based on the net value at the time of the merge.
• The original 10,000 shares of LUNA3L and ANC5L with the new share of the net value of 10,000 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 1,000,000 LUNA5L, each with a net value of 0.00000134 and a total amount of 1.34 USDT. After the merge, David holds 1 LUNA5L, each with a net value of 1.34, and the total amount remains unchanged at 1.34 USDT.

Note:
1. The merge process is expected to be 1 hour, 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 If the orders are not withdrawn, the system will automatically cancel all orders and the relevant assets will be returned to the account.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://bigone.zendesk.com/hc/en-us/articles/900002710806

BigONE, more than just asset security.

Regards,
BigONE Team
11 May 2022