Since the net value of CRV3S, AAVE3S, WAVES3S leveraged tokens is lower than 0.1 USDT, in order to facilitate users‘ trading and avoid the impact of precision, Pionex will execute a reverse split of CRV3S, AAVE3S, WAVES3S on November 11, 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, CRV3L, AAVE3L, WAVES3L will also suspend trading at the same time.
The Reverse Split Ratio will be 1 for 20 for AAVE3S, WAVES3S and 1 for 50 for CRV3S, which means 20 shares of AAVE3S, WAVES3S will be merged into 1 share, and 50 shares of CRV3S will be merged into 1 share. Consequently, the net value per share will be up 20 times (or 50 times) and user's holding quantity will be down to 1/20 (or 1/50). In this connection, user’s total balance will stay the same after the reverse split.
Meanwhile, all the running CRV3S, AAVE3S, WAVES3S bots and manual orders will be stopped on November 16, 2020, at 17:00 (UTC + 8). Users who have created bots or manual orders with CRV3S, AAVE3S, WAVES3S 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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