Since the net value of leveraged ETF product DOGE3S、SOL3S、BTC5S、OKB3S and AVAX3S is lower than 0.05 USDT, it triggers the Share Merging Mechanism. As such, MXC will merge the shares of DOGE3S、SOL3S、BTC5S、OKB3S and AVAX3S at 12:30 pm (UTC+8), Jan 8. 2021
The 10 shares of DOGE3S、SOL3S、BTC5S、OKB3S and AVAX3S will be merged into 1 share. Consequently, the net value per share of DOGE3S、SOL3S、BTC5S、OKB3S and AVAX3S 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
January 2, 2020