Dear BigONE users:
As the unit price of leveraged ETF product UNI3S is lower than 0.05 USDT, the BigONE leveraged ETF product share consolidation mechanism has been triggered. In order to improve the effectiveness of the price, we will start the share consolidation mechanism at 12:00PM on September 19, 2020 , but the users‘ total assets will not be affected in any way after the consolidation.
The name, abbreviation, and transaction pair of the new share are the same as before the consolidation.
The original 50 UNI3S shares will become 1 new UNI3S share, and the net value of the new share will become 50 times the original share. The net value conversion is based on the net value at the time of the merger.
E.g:
At the time of the merger, Xiao Ming held 50 UNI3S, each with a net value of 0.015 and a total amount of 0.75 USDT. After the merger, Xiao Ming holds 1 copy of UNI3S, each with a net value of 0.75, and the total amount remains unchanged at 0.75 USDT.
Note:
1. During the consolidation, we will stop the transaction of it about half an hour (the consolidation process is expected to be 1 hour), and other transactions of trading pair will not be affected.
2. Before the consolidation, all users who have pending orders for those tokens above are required 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 If the orders are not withdrawn, the system will automatically cancel all orders and the relevant assets will be returned to the account.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.bigonechina.com/hc/zh-cn/articles/900002710806
If you have any suggestions about leveraged ETFs, Please contact us: https://jinshuju.net/f/XONJJZ
BigONE, more than just asset security.
Best,
BigONE Team
September 19, 2020
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