LBK (LBank) Bi-Weekly Operation Report ( 2022.12.16-2022.12.31)

*LBK*

LBank's overall profit from December 16 to December 31: 92,181.83 USDT, Including:

Commissions on Spot Trading: 47,472.894 USDT

Commissions on Futures: 13,432.054 USDT

Finance profit: 31,276.882 USDT

Repurchased Amount: 73,745.464 USDT= 92,181.83 USDT*0.8

Quantity Released: 1,010 LBK

*The 81st repurchase will be completed during January 4 to January 15, after which the specific data of repurchase and burning will be announced on the 82nd 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 80th Repurchase

Repurchase Time: December 16 to December 31

Average Repurchase Price: 0.0092 USDT/LBK

Repurchase Amount: 85,109.315 USDT

Burning Quantity: 4,625,506.25 LBK

Quantity belonging to the team: 4,625,506.25 LBK

*Note: The on-chain data will be updated by January 4.

*Operation*

1. LBank launched PIT Twitter Airdrop, share $1,000 USDT.
2. LBank launched CARE Trading competition and give $10,000 CARE.
3. LBank launched Grid Trading Competition and give $5,000 USDT.
4. LBank launched COT flexable staking with 50% annualized yield.
5. LBank launched GEAR deposit Competition and give $2,000 USDT.

*Marketing*

DEXO AMA, equivalent to 2,000 USDT;

The 172nd (November 19-December 25) community nodes were 27, with a total of 560 LBKs released in a single week, at the price of 0.014 USDT, equivalent to 5.152 USDT.

The 173rd (December 26-January 1) community nodes were 27, with a total of 450 LBKs released in a single week, at the price of 0.01 USDT, equivalent to 4.32 USDT.

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

*Products*