Dear CITEX users:
Since the net value of leveraged ETF WAVES3S,DOGE3S,AVAX3S,SOL3S,SRM3S,AAVE3S,ONT3S,ETH3S,ZRX3S,DASH3S,EOS3S,ALGO3S,OMG3S,COMP3S,BAND3S,TRX3S,LRC3S,BSV3S,FLM3S,CRV3S,UNI3S and BAND3L,IOST3L,EOS3S,LRC3L,OMG3L,LTC3L,LINK3L,JST3L,UMA3L 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 16:00:00 (UTC+8), May 18, 2021
The 1000 shares of WAVES3S,DOGE3S will be merged into 1 share respectively. Consequently, the net value per share of WAVES3S,DOGE3S will be up 1000 times, while user's holding amount will be down to 1/1000.
The 100 shares of AVAX3S,SOL3S,SRM3S,AAVE3S,ONT3S,ETH3S,ZRX3S,DASH3S,EOS3S,ALGO3S will be merged into 1 share respectively. Consequently, the net value per share of AVAX3S,SOL3S,SRM3S,AAVE3S,ONT3S,ETH3S,ZRX3S,DASH3S,EOS3S,ALGO3S will be up 100 times, while user's holding amount will be down to 1/100.
The 10 shares of OMG3S,COMP3S,BAND3S,TRX3S,LRC3S,BSV3S,FLM3S,CRV3S,UNI3S,BAND3L,BAND3,IOST3L,EOS3S,LRC3L,OMG3L,LTC3L,LINK3L,JST3L,UMA3L will be merged into 1 share respectively. Consequently, the net value per share of OMG3S,COMP3S,BAND3S,TRX3S,LRC3S,BSV3S,FLM3S,CRV3S,UNI3S,BAND3L,BAND3,IOST3L,EOS3S,LRC3L,OMG3L,LTC3L,LINK3L,JST3L,UMA3L 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
May 18, 2021