Since the net value of YFII3L, ETH3S, BNB3S, THETA3S, SUSHI3L, KAVA3L, KNC3L and COMP3S leveraged tokens is lower than 0.2 USDT, in order to facilitate users‘ trading and avoid the impact of precision, Pionex will execute a reverse split of the leveraged tokens mentioned above on September 21, 2020, at 17:00 (UTC + 8) and the operation will not affect the total value of users‘ assets. The reverse split will take about 2 hours. During this period, the corresponding leveraged tokens will also suspend trading at the same time.
The Reverse Split Ratio will be:
YFII3L: 1 for 20, which means 20 shares of YFII 3L 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.
ETH3S, BNB3S, THETA3S, SUSHI3L, KAVA3L, KNC3L and COMP3S: 1 for 10, which means 10 shares of these leveraged tokens will be merged into 1 share, consequently, the net value per share will be up 10 times and user's holding quantity will be down to 1/10.
In this connection, user’s total balance will stay the same after the reverse split.
Meanwhile, all the running bots of these leveraged tokens will be stopped on September 21, 2020, at 17:00 (UTC + 8). Users who have created bots 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.
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