Since the net value of leveraged ETF products LIT3S are lower than 0.1 USDT and trigger the Share Merging Mechanism. As such, MEXC will merge the shares of LIT3S at 2022-06-22 14:00 PM (UTC).
The 10 share of LIT3S will be merged into 1 share. Consequently, the net value per share of LIT3S 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.
Learn more about leveraged ETF, please visit:
- What is "Share Merging Mechanism"
- Guide for Leverage ETF
- Leveraged ETF Lectures
- FAQ for Leveraged ETF
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Global will make best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets.
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The MEXC Team,
22 June 2022