Since the net value of leveraged ETF products TRB3S, RUNE3S and THETA3S are lower than 0.05 USDT, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of TRB3S, RUNE3S and THETA3S at 15:00 (UTC+8), November 7.
The 10 shares of TRB3S, RUNE3S and THETA3S will be merged into 1 share respectively. Consequently, the net value per share of TRB3S, RUNE3S and THETA3S 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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Enjoying your trade on MXC.
The MXC team
November 7, 2020