Dear respected users，
Due to the large price fluctuations of LUNA, and in order to ensure user experience, Hotbit is scheduled to conduct the mergers of LUNA1D3L for 4 times and conduct the mergers of LUNA1D3S, LUNA1D5S and LUNA1D5L for 3 times at the same time at 07:15 AM on May 12th, 2022 UTC.
Because the LUNA1D3L price will increase by 10X for 4 times and LUNA1D3S, LUNA1D5S and LUNA1D5L price will increase by 10X for 3 times after the merger, the number of users' existing assets will be multiplied by 0.0001 and 0.001.
Meanwhile, the 10000 shares of LUNA1D3L will be merged into 1 share, consequently, the net value per LUNA1D3L share will be up 10000 times and user's holding amount will be down to 1/1000;
The 1000 shares of LUNA1D3S, LUNA1D5S and LUNA1D5L will be merged into 1 share, consequently, the net value per share will be up 1000 times and user's holding amount will be down to 1/1000. In this connection, the user’s total assets will stay the same after the merging.
The net value conversion is based on the net balance at the time of the merger.
About leveraged ETF, for more details: Leveraged ETF FAQ
Hotbit Team
May 12th, 2022
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