Dear CITEX users:
Since the net value of leveraged ETF YFII3L、SUSHI3L、SRM3L、CRV3L、YFI3L and UNI3L is lower than 0.1USDT, it triggers the Share Merging Mechanism. As such, CITEX will temporarily close YFII3L、SUSHI3L、SRM3L、CRV3L、YFI3L and UNI3L trading pairs and will merge these shares at 14:00 (UTC+8), October 9, 2020
The 100 shares of YFII3L will be merged into 1 share YFII3L.The net value per share of YFII3L will be up 100 times and user’s holding amount will be down to 1/100.
The 20 shares of SUSHI3L、SRM3L、CRV3L、YFI3L and UNI3L will be merged into 1 share respectively. Consequently, the net value per share of ETF SUSHI3L、SRM3L、CRV3L、YFI3L and UNI3L will be up 20 times, while user's holding amount will be down to 1/20.
In this connection, user’s total asset will stay the same after the merging. The name, abbreviation, and transaction pair of the new share are the same as before the merger.
Introduction of leveraged ETF：https://citex.zendesk.com/hc/en-us/articles/360040112351-Introduction-of-leveraged-ETF
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October 8, 2020