Since the net value of leveraged ETF product DOGE3L and HT3L are lower than 0.05 USDT, it triggers the Share Merging Mechanism. As such, MXC will merge the shares of DOGE3L and HT3L at 14:00 (UTC+8), September 3rd.
The 10 shares of DOGE3L and HT3L will be merged into 1 share respectively. Consequently, the net value per share of DOGE3L and HT3L will be up 10 times, while the 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.
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Enjoying your trade on MXC.
The MXC team
September 3rd, 2020