Dear CITEX users:
Since the net value of leveraged ETF WAVES3S, CRV3S, SUSHI3S, YFI3S、YFII3S, UNI3S and XRP3S is lower than 0.1USDT, it triggers the Share Merging Mechanism. As such, CITEX will temporarily close WAVES3S, CRV3S, SUSHI3S, YFI3S、YFII3S, UNI3S and XRP3S trading pairs and will merge the shares of them at 11:00 (UTC+8), November 18, 2020.
The 50 shares of WAVES3S will be merged into 1 share new WAVES3S, and the net value per share of WAVES3S will be up 50 times while user’s holding amount will be down to 1/50.
The 20 shares of CRV3S, SUSHI3S, YFI3S、YFII3S, UNI3S and XRP3S will be merged into 1 share respectively. Consequently, the net value per share of ETF CRV3S, SUSHI3S, YFI3S、YFII3S, UNI3S and XRP3S 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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November 17, 2020