1. Launched Leveraged ETF Products, including BTC 3L, BTC 3S, ETH 3L and ETH 3S.
2. Added “Join Us” recruitment page on the official website of LBank.
3. Adjusted the download page of ios and added a new testflight entrance.
4. Optimized the function of APP deposit page, assets conversion, Google verification, email translation and etc.
1. Completed two cycles of BTC mining rewards settlement of LBK Cloud-Hashrate from February 3rd to February 16th, with a total mining rewards of 1.1629568 BTC;
2. Completed unlocked and rewards settlement of the third phase of LBK-USDT Standard Staking. The unlock price was 0.024 USDT/LBK, the lockup value of settlement was around 838,482.0748 USDT and unlocked 34,936,753.117 LBK. The lockup users will earn LBK rewards, which is equivalent to 24,096.868 USDT. The invitation rewards that users received was around 1,699.15 USDT and total reward is equal to 70,797.917 LBK.
3. From January 27th 2020 to February 9th 2020, the income of total transaction fee is 279,501.1 USDT. The community node released 2 times, at a release rate of 20%.
From January 27th 2020 to February 2nd 2020, the total community nodes is 27 and the transaction fees of the nodes is 143,837.1 USDT. Weekly total amount of node release is 991,980 LBK and the release price of LBK is 0.0290 USDT/LBK which is equivalent to 28,767.42 USDT.
From February 3rd to February 9th, the total community nodes is 27 and the transaction fees of the nodes is 135,664 USDT. Weekly total amount of node release is 969,028.571 LBK and the release price of LBK is 0.0280 USDT/LBK which is equivalent to 27,132.8 USDT.
From February 1st to February 15th, user’s weekly lockup release 14,283,322.69 LBK. The price of LBK during the release is 0.0274 USDT/LBK, which is equivalent to 391,363.04 USDT.
Note: The transaction fees of the node are released week by week.
Launched the twelfth phase (01.21-02.02) and the thirteenth phase (02.03-02.09) of LBK “You Propose, We’ll Change” activity. A total of 7 users’ feedback have been received. 6 of them have been resolved already and 1 will be solved within this month. During the half month report announcement, LBank is collecting the users’ feedback for the fourteenth phase activity.
LBK Quotation Summary
Since the LBK project opened quotation with the price of 0.015 USDT from August 12th, 2019, after the sharp rises and corrections in the early stage, the price during the past half month fluctuated between 0.0228 USDT and 0.0386 USDT. From August 13th, 2019 to February 15th, 2020, total volume is around 11,952,000,000 LBK. From February 1 to February 15, total volume is around 1,366,000,000 LBK.
In terms of 4 Hour K Line, the price of LBK has fluctuated in a large range in the last two weeks and trading volume was relatively stable; in this period, the highest price reached to 0.0386 USDT at 15:00 on February 12 and the lowest price reached to 0.0228 USDT at 9:00 on February 5.
From February 1 to the early morning on February 6, the price was leveling out and fluctuated between 0.0228 USDT to 0.0246 USDT.
LBK formed a strong rising channels from February 6 to 12, which showed an overall upward trend. The price reached to 0.0323 USDT, 0.0337 USDT and 0.0386 USDT respectively at 10:00 on Feb. 7, 1:00 on Feb. 11 and 15:00 on Feb. 12. The price increased by 14.29%, 10.71% and 9.51% respectively in the three days.
At 9:00 on February 12, the price came to a decline phase after the end of fluctuation around 0.0355 USDT. The price declined by 11.20% on Feb. 13, and then reached the bottom price 0.0271 USDT at 22:00 on Feb. 14 from 0.0368 USDT. Then it continued to fluctuate between 0.0268 USDT and 0.0299 USDT.