LBK (LBank) Bi-Weekly Operation Report ( 2022.07.01-2022.07.15)

*LBK*

LBank's overall profit from June 16 to June 30: 191,990.25 USDT, Including:

Commissions on Spot Trading: 125,243.97 USDT

Commissions on Futures: 34,813.49 USDT

Finance profit: 31,932.79 USDT

Repurchased Amount: 153,592.2 USDT=191,990.25 USDT*0.8

Quantity Released: 1,420 LBK

*The 70th repurchase will be completed during July 18th to July 31th, after which the specific data of repurchase and burning will be announced on the 71th Bi-weekly Report. 50 percent of the repurchased LBK since then will be burned, and the other half will be held by the LBank team.

Bulletin of the 69th Repurchase

Repurchase Time: July 04 to July 15

Average Repurchase Price: 0.0124 USDT/LBK

Repurchase Amount: 148,026.488 USDT

Burning Quantity: 5,968,810 LBK

Quantity belonging to the team: 5,968,810 LBK

*Note: The on-chain data will be updated by July 20.

*Operation*

1. LBank launched DTR Twitter Airdrop, share $4,000 DTR.
2. LBank launched LKC Twitter Airdrop, share $4,000 LKC.
3. LBank launched POX Twitter Airdrop, share $4,000 POX.
4. LBank launched WEI Twitter Airdrop, share $4,000WEI.
5. LBank launched LKC Trading competition and give $15,000 LKC.
6. LBank launched IXT Trading competition and give $15,000 IXT.
7. LBank launched LKC flexable staking with 3.5% annualized yield.
8. LBank launched ADA flexable staking with 3.8% annualized yield.

*Marketing*

Hosted 8 AMA with METAVIE, LYO, BDTX, TOL, BABYSWAP, GVR, WEI, XGT project teams and awarded 11,200 USDT equivalent tokens.

The 148rd (July 04-July 10) community nodes were 27, with a total of 680 LBKs released in a single week, at the price of 0.0125 USDT, equivalent to 8.5 USDT.

The 149th (July 11-July 17) community nodes were 27, with a total of 740 LBKs released in a single week, at the price of 0.0128 USDT, equivalent to 9.472 USDT.

From July 01 to July 15, 0 LBKs were released from users' lock-up positions.

*Products*

1. Optimize spot commission subscription to solve the problem of abnormal disconnection in some cases;
2. Optimize the display and prompt of commission rate and financial records;
3. Optimize contract sharing function;
4. Fix the cache problem and error prompt when logging in multiple accounts;
5. The Spot Wallet has listed 33 assets, including LKC, MNT, ICP, DTR, XRD, XTZ, STX, FLOW, XLM , IXT, MTH, INU, TOL, CART, DST, WEI, ATOZ and so on.

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LBank Community

Find us on:

Telegram: https://t.me/LBank_en

Twitter: https://twitter.com/LBank_Exchange

Facebook: https://www.facebook.com/LBank.info

Medium: https://medium.com/LBank

LinkedIn: https://www.linkedin.com/company/lbank