LBank overall profit from Aug 1 to Aug 15: 272,345.11 USDT
Commission on Spot Trading: 261,416.82 USDT
Commission on Futures: 31,615.64 USDT
Financing Service: 30,382.87 USDT
Repurchase Amount: 258,732.264 USDT=323,415.33*0.8
Quantity Released: 110,344.558LBK
*The 48th repurchase will be completed during Aug 17th - Aug 31st, after which the specific data of repurchase and burning will be announced on the 49th Bi-weekly Report. 50 percent of the repurchased LBK since then will be burned, and the other half will be held by LBank team.
Bulletin of the 47th Repurchase
Repurchase Time: Aug 4 to Aug 15
Average Repurchase Price: 0.012517 USDT/LBK
Repurchase Amount: 241,493.296 USDT
Burning Quantity: 19,293,224.89LBK
*Note: The on-chain data will be updated by Aug 18
- Completed “LINK 20% Off Sale”, with a total orders of 3,005,927 USDT, and actual turnover of 50,000 USDT.
- Completed “TLM 20% Off Sale”, with a total orders of 3,691,060
USDT, and actual turnover of 50,000 USDT.
- Launch CENNZ Earning mining with 50% APY.
- Launched [ Win the Muse NFT to be your Valentine ] activity to celebrate the Chinese Valentine Day.
- Launched MNI Grid Trading Campaign with 2,400,000 MNI in prize pool.
- Launched TREES Demand Deposit with an annual return of 50%!
Hosted 1 AMA with CENNZ project team and awarded 2,000 USDT equivalent tokens.
Teamed with CENNZ and MICROSHIB to launch media sweepstakes, awarding a total of 8,000 USDT equivalent token rewards.
The 101st (August 2 - August 8) community nodes was 27, with a total of 28,490.5 LBKs released in a single week at the price of 0.01129 USDT/LBK, equivalent to 321.657 USDT.
The 102nd (August 9 - August 15) community nodes was 27, with a total of 31,586 LBKs released in a single week, at the price of 0.01278 USDT/LBK, equivalent to 403.669 USDT.
From August 1-August 15, 50,268.058 LBKs was released from users lock-up positions, with an average LBK price of 0.0113 USDT/LBK, equivalent to about 568.029 USDT.
- Support the third-party account login with Apple and Google accounts.
- NFT trading zone officially went live, and launched bind box giveaway for celebrating the Chinese Valentine Day!
3.Improvise the international SMS service with multi-channel adjustment.
4.Optimize the grid mining, fiat assets, transaction payment methods and other functions.
- Support ALICE, STARL, LIKE, DERC, EFI, SKT, SXP, DG and other 30 kinds of crypto assets in spot wallet.
6.LIT3L, LIT3S, KEEP3L, KEEP3S, ICP3L, ICP3S, CELR3L, CELR3S went live on ETF zone.
7、Added ICP, CELR, LIT, KEEP contracts trading.
*LBK Market Performance Overview*
From August 1 to August 15, LBK had the highest price of 0.015639 USDT, and the lowest of 0.008152 USDT with the opening price being 0.010720 USDT, and closing price 0.012781 USDT, an increase of 19.22%, relatively volatile while with an upward trend.
During this period, LBank launched the 60th and 61st LBK Thursday Go with 50,000 USDT equivalent of LINK and TLM sale at a 20% discount respectively. Users who hold at least 50,000 LBK and get KYC completed can take part in the sale. What's more, LBank also launched CENNZ and TREES staking with an APY as high as 50%. The minimum invested assets shall not be less than 10 CENNZ and 600,000,000 TREES. MNI grid mining went live with a total of 2,400,000 MNI as prize pool. Besides, to celebrate the Chinese Valentine Day, LBank also launched " Win the Muse NFT to be your Valentine" activity. Users who take part in the auction of exclusive made NFTs of famous Japanese female actress Yui Hatano, Mikami yua, Hibiki Otsuki, Ai Sayama, Mio Kimishima, and Shiori Kamisaki have the opportunity to get the rewarded blind box with a T-shirt signed by the Muse, a photo and a ringtone with her real voice inside. LBank announced the burning plan of LBK at its second anniversary with 400 million LBK burnt and the other 380 million left to the community members to decide whether burnt or not.
Let's get back to the LBK price, as LBank is gaining momentum and users keep positive attitude to the market, the price of LBK rose by 16% the day when burning plan announced, though undergone expected pulling back, the rising trend is unstoppable. We'll see what happened when the result is unveiled of whether the other 380 million LBK shall be burnt.