LBK (LBank) Bi-Weekly Operation Report ( 2022.10.16-2022.10.31)

*LBK*

LBank's overall profit from October 16 to October 31: 130,007.103 USDT, Including:

Commissions on Spot Trading: 70,841.84 USDT

Commissions on Futures: 28,211.2 USDT

Finance profit: 30,954.063 USDT

Repurchased Amount: 104,005.682 USDT= 130,007.103 USDT*0.8

Quantity Released: 1,190 LBK

*The 77th repurchase will be completed during November 4 to November 15, after which the specific data of repurchase and burning will be announced on the 78th 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 76th Repurchase

Repurchase Time: October 18 to October 31

Average Repurchase Price: 0.0169 USDT/LBK

Repurchase Amount: 112,485.984 USDT

Burning Quantity: 3,327,987.692 LBK

Quantity belonging to the team: 3,327,987.692 LBK

*Note: The on-chain data will be updated by November 7.

*Operation*

1. LBank launched SG Twitter Airdrop, share $2,000 SG;
2. LBank launched SPCFIN Twitter Airdrop, share $2,000 USDT;
3. LBank launched RED Twitter Airdrop, share $4,000 RED;
4. LBank launched BITCI Trading competition and give $10,000 BITCI;
5. LBank launched LOOP Trading competition and give $10,000 LOOP;
6. LBank launched KTT fiexable staking with 50% annualized yield;
7. LBank launched FRZW fixed staking with 25% annualized yield;
8. LBank launched CSC fixed staking with 5% annualized yield;
9. LBank Halloween activity, 5 winners each got 200 USDT.

*Marketing*

WCA, SPCFIN, NUGEN, VNXAU, SG 5 AMAs, equivalent to 8,000 USDT;

The 163rd (October 17-October 23) community nodes were 27, with a total of 560 LBKs released in a single week, at the price of 0.0176 USDT, equivalent to 9.856 USDT.

The 164th (October 24-October 30) community nodes were 27, with a total of 630 LBKs released in a single week, at the price of 0.017 USDT, equivalent to 10.71 USDT.

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

*Products*