Pionex Will Execute a Reverse Split of LEND3S and ZRX3S Leveraged Tokens

Since the net value of LEND3S and ZRX3S leveraged tokens is lower than 0.05 USDT, in order to facilitate users‘ trading and avoid the impact of precision, Pionex will execute a reverse split of LEND3S and ZRX3S on August 24, 2020, at 17:00 (UTC + 8) and the operation will not affect the total value of users‘ assets. The  reverse split will take about 30 minutes. During this period, ZRX3L, ZRX1S, LEND3L and LEND1S will also suspend trading at the same time.

The Reverse Split Ratio will be 1 for 20, which means 20 shares of LEND3S and ZRX3S will be merged into 1 share, consequently, the net value per share will be up 20 times and user's holding quantity will be down to 1/20. In this connection, user’s total balance will stay the same after the reverse split. 

Meanwhile, all the running LEND3S and ZRX3S bots will be stopped on August 24, 2020, at 17:00 (UTC + 8).  Users who have created bots with LEND3S and ZRX3S can check their assets in “My holding assets balance” after the reverse split. If users want to buy or sell on their own,  please operate before this time.