Since the net value of leveraged ETF products UNI3S, RUNE3S, SNX3S and SUSHI3S are lower than 0.05 USDT, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of UNI3S, RUNE3S, SNX3S and SUSHI3S at 21:00 (UTC+8), November 15.
The 10 shares of UNI3S, RUNE3S, SNX3S and SUSHI3S will be merged into 1 share respectively. Consequently, the net value per share of UNI3S, RUNE3S, SNX3S and SUSHI3S 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.
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Enjoying your trade on MXC.
The MXC team
November 15, 2020