LBK (LBank) Bi-Weekly Operation Report ( 2022.08.01-2022.08.15)

*LBK*

LBank's overall profit from August 01 to August 15: 182,500.86 USDT, Including:

Commissions on Spot Trading: 115,421.71 USDT

Commissions on Futures: 35,015.23 USDT

Finance profit: 32,063.92 USDT

Repurchased Amount: 146,000.688 USDT=182,500.86 USDT*0.8

Quantity Released: 1,170 LBK

*The 72th repurchase will be completed during August 17 to August 31, after which the specific data of repurchase and burning will be announced on the 73th 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 71th Repurchase

Repurchase Time: August 3 to August 15

Average Repurchase Price: 0.0124 USDT/LBK

Repurchase Amount: 152,759.24 USDT

Burning Quantity: 6,159,646.774 LBK

Quantity belonging to the team: 6,159,646.774 LBK

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

*Operation*

1. LBank launchedDRIVECRYPTO Twitter Airdrop, share $4,000 DRIVECRYPTO.
2. LBank launchedE2COIN Twitter Airdrop, share $4,000 E2COIN.
3. LBank launchedMINTME Twitter Airdrop, share $1,000 MINTME.
4. LBank launchedBURN Trading competition and give 28,585,300 $BURN.
5. LBank launchedSYL Twitter Airdrop, share $4,000 USDT.
6. LBank launchedCHECK Holding competition and give $4,000 CHECK.
7. LBank launchedHAM Trading competition and give $12,000 HAM.
8. LBank launchedGVR flexible staking with 20% annualized yield.
9. LBank launchedASY fixed staking with 12% annualized yield.
10. LBank launchedGULF fixed staking with 8% annualized yield.
11. FND(Rare Fnd) Trading Competition & Participation Rewards, $12,000 FND in Prizes.

*Marketing*

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

The 152rd ( August 01-August 07) community nodes were 27, with a total of 540 LBKs released in a single week, at the price of 0.0125 USDT, equivalent to 6.75 USDT.

The 153th (August 08-August 14) community nodes were 27, with a total of 630 LBKs released in a single week, at the price of 0.012 USDT, equivalent to 7.56 USDT.

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

*Products*

1. A new version of the website regression test, UI style adjustment
2. Batch order cancellation, ETF ranking, official channel search, and other functional optimization
3. Upgrade of data storage service
4. Design and construction of crypto loan and data collection system
5. Spot wallet launched LCP, NOAH, CAUSE, VST, FND, TQP, REM, SYL, CGO, PETT, CTFC, ANKR, NKPL, SANTOS, and other 21 kinds of assets