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LBK (LBank) Bi-Weekly Operation Report (2023.01.16-2023.01.31)

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LBank
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*LBK*

LBank's overall profit from January 16 to January 31: 112,940.69 USDT, Including:

Commissions on Spot Trading: 66,787.47 USDT

Commissions on Futures: 14,153.22 USDT

Finance profit: 32,000 USDT

Repurchased Amount: 90,352.552 USDT=112,940.69 USDT*0.8

Quantity Released: 980 LBK

 

*The 83rd repurchase will be completed during February 4 to February 15, after which the specific data of repurchase and burning will be announced on the 84th 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 82nd Repurchase

Repurchase Time: January 18 to January 31

Average Repurchase Price: 0.0125 USDT/LBK

Repurchase Amount: 84,052.4 USDT

Burning Quantity: 3,362,096 LBK

Quantity belonging to the team: 3,362,096 LBK

 

*Note: The on-chain data will be updated by February 10.

 

*Operation*

  1. LBank launched EPIX Twitter Airdrop, share $4,000 EPIX.
  2. LBank launched FWC Twitter Airdrop, share 22,000,000,000,000 FWC
  3. LBank launched ITLR Trading competition and give $6,000 ITLR!
  4. LBank launched NIMB learn to earn and share $6,000NIMB
  5. LBank launched CHECK flxed staking with 20% annualized yield.
  6. LBank launched NIMB flexable staking with 20% annualized yield.
  7. LBank launched JEN flexable staking with 60% annualized yield.
  8. LBank launched GRV flexable staking with 20% annualized yield.
  9. LBank launched Zero Fee on First Banxa Order
  10. LBank launched Lucky red envelope giveaway
  11. LBank launched The LBank show and share $400USDT

 

*Marketing*

FLAG AMA, equivalent to 2,000 USDT;

 

The 176th (January 16-January 22) community nodes were 27, with a total of 550 LBKs released in a single week, at the price of 0.0127 USDT, equivalent to 6.985 USDT.

 

The 177th (January 23-January 29) community nodes were 27, with a total of 430 LBKs released in a single week, at the price of 0.0129 USDT, equivalent to 5.547 USDT.

 

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

 

*Products*

  1. Optimize API timeout waiting process.
  2. Improve K-line market display and trading view functionality.
  3. Optimize futures order inquiry and other business processes.
  4. Adjust fiat trading, LBank Earn interest rates, OTC quote functions, etc.
  5. Spot wallet lists CNX, FXS, CPC, IPVN, INTL, TRG, GRV, HNT, YELO, SSM, MSHD, RNDR, VITA and 18 other kinds of assets.

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