MXC Will Merge the Shares of FTM3L, YFI3L, AVAX3L, ATOM3L, SUSHI3L, IOST3L, YFII3L Leveraged ETFs

Dear MXCers:

Since the net value of leveraged ETF products FTM3L, YFI3L, AVAX3L, ATOM3L, SUSHI3L, IOST3L, YFII3L are lower than 0.05 USDT, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of FTM3L, YFI3L, AVAX3L, ATOM3L, SUSHI3L, IOST3L, YFII3L at 14:00 (UTC+8), October 30.

The 10 shares of FTM3L, YFI3L, AVAX3L, ATOM3L, SUSHI3L, IOST3L, YFII3L will be merged into 1 share respectively. Consequently, the net value per share of FTM3L, YFI3L, AVAX3L, ATOM3L, SUSHI3L, IOST3L, YFII3L 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.

Learn more about leveraged ETF, please visit:

1. What is "Share Merging Mechanism"

2. Guide for Leverage ETF

3. Leveraged ETF Lecture

4. FAQ for Leveraged ETF

Find us on:

Telegram: https://t.me/MXCEnglish

MXC trading: https://t.me/MXCtrade

Twitter: https://twitter.com/MXC_Exchange

https://twitter.com/MXC_Fans

Reddit: https://www.reddit.com/r/MXCexchange/

Facebook: https://www.facebook.com/mxcexchangeofficial/