LBK (LBank) Bi-Weekly Operation Report ( 2022.07.16-2022.07.31)

*LBK*

LBank's overall profit from July 16 to July 31: 190,949.05 USDT, Including:

Commissions on Spot Trading: 120,860.43 USDT

Commissions on Futures: 37,772.64 USDT

Finance profit: 32,315.98 USDT

Repurchased Amount: 152,759.24 USDT=190,949.05 USDT*0.8

Quantity Released: 1,000 LBK

*The 71th repurchase will be completed during August 03 to August 15, after which the specific data of repurchase and burning will be announced on the 72th 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 70th Repurchase

Repurchase Time: July 18 to July 31

Average Repurchase Price: 0.0128 USDT/LBK

Repurchase Amount: 153,592.2 USDT

Burning Quantity: 5,999,695.312 LBK

Quantity belonging to the team: 5,999,695.312 LBK

*Note: The on-chain data will be updated by August 05.

*Operation*

1. LBank launched BEETH Twitter Airdrop, share 1,990,000,000 $BBETH.
2. LBank launched CIC Twitter Airdrop, share $4,000 CIC.
3. LBank launched FIDLE Twitter Airdrop, share $4,000 FIDLE.
4. LBank launched WEI Trading competition and give $15,000 WEI.
5. LBank launched CIC Trading competition and give $15,000 CIC!
6. LBank launched GULF flexible staking with 8% annualized yield.
7. LBank launched WEI flexible staking with 5% annualized yield.
8. The Lbank Thursday Quiz to win 50USDT.
9. LBankStart XGT price forecasting campaign and split $5,000 XGT(Xion).
10. LBank launched ICP Deposit competition and give 2,000 USDT.
11. LBank launched PRX Deposit competition and give $5,000 PRX.

*Marketing*

Hosted 4 AMA with GALAXY, CIC, CPS, FIDLE project teams and awarded 6,900 USDT equivalent tokens.

The 150rd (July 18-July 24) community nodes were 27, with a total of 340 LBKs released in a single week, at the price of 0.0131 USDT, equivalent to 4.454 USDT.

The 151th (July 25-July 31) community nodes were 27, with a total of 660 LBKs released in a single week, at the price of 0.0125 USDT, equivalent to 8.25 USDT.

From July 16 to July 31, 0 LBKs were released from users' lock-up positions.

*Products*

1. Pre-release new homepage and pledge loan；
2. Refactor the transaction page of the web, including fiat and spot transactions；
3. Launch LBank Academy；
4. Optimize distribution of experience bonus and message pushing, etc.;
5. The Spot Wallet has listed 23 assets, including LKD, XGT, SDT, CIC, STP, CPS, ABC PRX, NPR, TVS, OPT, ASY, MPC etc..