MXC Merges the Shares of FTM3S, DOGE3S Leveraged ETFs

Dear Users:

Since the net value of leveraged ETF products DOGE3S is lower than 0.05 USDT, it triggered the Share Merging Mechanism. As such, MXC merged the shares of DOGE3 at 08:25 (UTC+8) on January 29.

The 100 shares of DOGE3S has been merged into 1 share . Consequently, the net value per share of DOGE3S has been up 100 times, while user's holding amount has been down to 1/100. In this connection, user’s total asset will stay the same after the merging.

The 10 shares of FTM3S has been merged into 1 share . Consequently, the net value per share of FTM3S has been up 10 times, while user's holding amount has been 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

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Enjoying your trade on MXC.

The MXC team

January 28, 2021