Since the net value of leveraged ETF products DOGE3S and FTM3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of DOGE3S and FTM3S at 12:00 (UTC+8) on January 29.
The 10 shares of DOGE3S and FTM3S will be merged into 1 share respectively. Consequently, the net value per share of DOGE3S and FTM3S 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.