Announcement on the Share Consolidation of Certain Leveraged Token Products (240903)
Jarry
Last Update vor 14 Tagen
Dear Users,
Due to the current price of some leveraged token products being below 0.01 USDT, to improve their price sensitivity and optimize trading experience, the platform will conduct a share consolidation for these leveraged token products from 15:00 to 19:00 (UTC+8) on September 4, 2024.
The list of leveraged token products subject to share consolidation is as follows:
ENJ3L/USDT, EOS3L/USDT, FIL3L/USDT, GMT3L/USDT, SOL3S/USDT, AXS3L/USDT, KNC3L/USDT, ENS3S/USDT, DOT3L/USDT, LRC3L/USDT, BTC3L/USDT, OP3L/USDT, CHZ3L/USDT, SAND3L/USDT, MANA3L/USDT, BTC3S/USDT, APE3L/USDT, RSR3S/USDT, UNI3L/USDT, TRX3S/USDT, FLOW3L/USDT, DOGE3L/USDT, MATIC3L/USDT, AVAX3L/USDT, KNC3S/USDT, AXS3S/USDT, ETC3L/USDT, RSR3L/USDT.
Each original 100 ENJ3L shares will be consolidated into 1 new ENJ3L share. The net asset value (NAV) of the new shares will be 100 times that of the original shares. The NAV conversion will be based on the NAV at the time of consolidation.
For example: At the time of consolidation, if a user holds 10,000 shares of ENJ3L, each with a NAV of 0.010000, the total value would be 100 USDT. After the consolidation, the user will hold 100 shares of ENJ3L, each with a NAV of 1.000000, keeping the total value unchanged at 100 USDT.
The name, symbol, and trading pair of the new shares will remain the same as before the consolidation.
Important Notes:
During the share consolidation period, trading for the above-mentioned pairs will be suspended. Trading for other pairs will not be affected.
Before the share consolidation, all users with pending orders for the above trading pairs should cancel their orders in advance. If not canceled, the system will automatically cancel all orders, and the related assets will be returned to the account.
If users have enabled grid trading for the above trading pairs, please terminate the grid trading before the share consolidation. If not terminated, the system will automatically terminate the grid trading for the above trading pairs, and the related assets will be returned to the account.
After the share consolidation, a phenomenon of multiple increases in the prices of the above trading pairs may occur, which is a normal occurrence.
After the share consolidation, there may be normal fluctuations in user assets due to market volatility during the consolidation process.
Please stay informed and take appropriate actions. Thank you for your continued support of the ZKE platform.
ZKE Team
September 3, 2024