Dear CITEX users:
Since the net value of leveraged ETF DOGE3S, SUSHI3S, CRV3S, LTC3S, UNI3S, MKR3S, GRT3L and DOT3S is lower than 0.1USDT, it triggers the Share Merging Mechanism. As such, CITEX will temporarily close their trading pairs and will merge the shares of them at 16:00 (UTC+8) on Jan 5, 2021.
The 100 shares of DOGE3S will be merged into 1 new share. The net value per share of DOGE3S will be up to 100 times, while the user's holding amount will be down to 1/100.
The 10 shares of SUSHI3S, CRV3S, LTC3S, UNI3S, MKR3S, GRT3L and DOT3S will be merged into 1 share respectively. Consequently, the net value per share of ETF SUSHI3S, CRV3S, LTC3S, UNI3S, MKR3S, GRT3L and DOT3S will be up 10 times, while user's holding amount will be down to 1/10.
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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CITEX team
January 5, 2021