Since the net value of leveraged ETF products AAVE3S and MATIC3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC has merged the shares of AAVE3S and MATIC3S at 12:30, May 18, 2021 (UTC+8).
The 10 shares of AAVE3S and MATIC3S will be merged into 1 share respectively. Consequently, the net value per share of AAVE3S and MATIC3S 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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The MXC Team,
May 18, 2021