*LBK*
LBank overall profit from May 1 to May 15: 306,436.11 USDT
Including:
Commission on Spot Trading: 256,886.76 USDT
Commission on Futures: 22,127.44 USDT
Financing Service: 27,421.91 USDT
Repurchase Amount: 245,148.888 USDT=306,436.11*0.8
Quantity Released: 510,340.04 LBK
*The 42nd repurchase will be completed during May 18th - May 31st, after which the specific data of repurchase and burning will be announced on the 43rd Bi-weekly Report.
Bulletin of the 41st Repurchase
Repurchase Time: April 3 to April 15
Average Repurchase Price: 0.02518 USDT/LBK
Repurchase Amount: 196,946.008 USDT
Burning Quantity: 7,821,252.337 LBK
Burning Data: 500,000 LBK
*Note: The on-chain data will be updated by May 20
*Operation*
1、Completed "Chia Network Hashrate(360-day product) Special Sale", with a total orders of 969,575 USDT.
2、Completed "Chia Network Hashrate(1080-day product) Special Sale", with a total orders of 735,640 USDT.
3、Completed the "CSPR Special Sale" , has sold 38,230,322 USDT and 325,779,627 LBK, and actual turnover of 50,000 USDT.
4、Completed "UNI 20% Off Sale", with a total orders of 2,333,568 USDT, and actual turnover of 50,000 USDT.
5、Completed "SUSHI 20% Off Sale", with a total orders of 2,620,669 USDT, and actual turnover of 50,000 USDT.
6、Launched QUICK Staking with an Annualized Yield of 100%.
7、Launched 100 million Aquagoat airdrops for each user who has traded FEG positions.
8、Launched BONFIRE airdrop activity.
9、Launched Trade SHIB3L、SHIB3S To share 5,000 USDT activity.
10、Launched 「Dentacoin Trading Contest」activity.
11、Launched SHIB/PIG/ELON/AKITA/PEPPA/HTMOON/HOKK Staking with an Annualized Yield of 10%.
12、Launched DOGGY airdrop activity.
13、Launched LAT Staking with an Annualized Yield of 80%.
14、Launched HOKK Trading Contest To share 1,326,551,520,000 HOKK activity.
15、Launched 「Deposit BONFIRE To share 8,000 USDT」.
The 88th (May 03 - May 09) community node count was 27, with a total of 27,785 LBKs released in a single week, at a LBK price of 0.02899 USDT/LBK at the time of release, equivalent to 805.487 USDT.
The 89th (May 10 - May 16) community node count was 27, with a total of 31,588 LBKs released in a single week, at a LBK price of 0.027584 USDT/LBK, equivalent to 871.103 USDT at the time of release.
From May 1 to May 15, a total of 450,967.04 LBKs released in a single week at a price of 0.0289 USDT/LBK, equivalent to 13032.9474 USDT.
* Marketing*
1 AMA: Invite LBank CMO and give out 1,000 USDT in prizes.
*Products*
5.1-5.15
1、Optimize depth interface and TICK delay
2、Support single asset multi-chain depositing and withdrawing
3、Optimize the function of inviting commission and current money management
4、List LBank mining
5、Fix the problems of K-line refreshing and trading bit expansion
6、The coin wallet newly supports NAOS, CSPR, TRU, QUICK, ELON, HTMOON, XDOGE, BZZ and other 17 assets
7、ETF trading zone lists SHIB3L/3S, LINK5L/5S, BSV5L/5S, AXS5L/5S
8、New SHIB contract trading
*LBK Market*
From May 1 to May 15, the highest of LBK was 0.036858 USDT and the lowest was 0.023396 USDT, half month up 20.4% with an amplitude of 57.5%, overall in a wide oscillating pattern, pending further choice of direction.
Fundamentally, at the beginning of this period, LBank completed the sale of Chia Network 360-day and 1080-day hashrate, and after the team's efforts, the second phase of the exchange's P-Disk work started ten days early and began releasing proceeds on May 14. This is the first step in the layout of the LBank mining industry. The innovative operation idea is the first of its kind in the industry, selling hashrate first, putting the spot trading on line at the first time, and responding to the official opening of the withdrawal and transfer of coins at the first time, becoming the object of competition among peers.
During this period, LBank took down the current launch project FEG indefinitely due to special reasons. In response to the project's downgrade, LBank launched the first network-wide downgrade airdrop campaign for the coin's trading users - 100 million Aquagoat airdrops, which won active token market transactions and user reactions. Secondly, for FEGs that have been shelved, LBank offered users a proxy sale service, providing newcomers to the market with the opportunity to cash in. In addition, based on the recent launch of Platon (LAT), a popular project in the privacy track, LBank launched a LAT annualised 80% live mining campaign in this period. The market actions of participating users such as pending orders, transactions and coin withdrawals do not affect the payout of earnings (the shortfall will be deducted the next day).
In the market, using the period's high on 8 May as a watershed, BNB rose by 3.45% before 8 to 1, while LBK rose by 57% over the same period; after 8 to 15, BNB fell by 9.75%, while LBK fell by 15.5% over the same period. Compared to BNB, LBK has performed stronger overall this period. However, when the coin price reached the 8th high, the volume lacked continuity and the late decline was in a shrinking state, which shows that LBK will usher in a more positive market sentiment in the upward trend, while in the downward trend, the spot holders mostly hold a wait-and-see attitude and did not cause panic selling pressure. In the future, we can pay attention to the impact of BTC and ETH on the platform coins in the short term.
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