Since the net value of leveraged ETF product DASH3S, ONT3S, NEO3S and XLM3S are lower than 0.05 USDT, it triggers the Share Merging Mechanism. As such, MXC will merge the shares of DASH3S, ONT3S, NEO3S and XLM3S respectively at 10:00 (UTC+8), August 2.
The 10 shares of DASH3S, ONT3S, NEO3S, and XLM3S will be merged into 1 share. Consequently, the net value per share of DASH3S, ONT3S, NEO3S and XLM3S will be up 10 times respectively, while user's holding amount will be down to 1/10. In this connection, the user’s total asset will stay the same after the merging.
Learn more about leveraged ETF, please visit:
Find us on:
MXC trading: https://t.me/MXCtrade
Register an account of MXC here:
Enjoying your trade on MXC.
The MXC team
August 2, 2020