Since the net value of leveraged ETF products SOL3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of SOL3S at 00:30 on April 23, 2021 (UTC+8).
The 10 shares of SOL3S will be merged into 1 share respectively. Consequently, the net value per share of SOL3S 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.