Since the net value of leveraged ETF products DOGE3S, THETA3S, BCH3S, ALGO3S and NEAR3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of DOGE3S, THETA3S, BCH3S, ALGO3S and NEAR3S at 02:00 (UTC+8) on January 3rd.
The 10 shares of DOGE3S, THETA3S, BCH3S, ALGO3S and NEAR3Swill be merged into 1 share respectively. Consequently, the net value per share of DOGE3S, THETA3S, BCH3S, ALGO3S and NEAR3Swill 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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