LBK (LBank) Bi-Weekly Operation Report (2023.02.16-2023.02.28)

*LBK*

LBank's overall profit from February 16 to February 28: 95,555.035 USDT, Including:

Commissions on Spot Trading: 51,423.019 USDT

Commissions on Futures: 12,138.527 USDT

Finance profit: 31,993.489 USDT

Repurchased Amount: 76,444.028 USDT=95,555.035 USDT*0.8

Quantity Released: 1,030 LBK

*The 85th repurchase will be completed during March 2 to March 15, after which the specific data of repurchase and burning will be announced on the 86th 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 84th Repurchase

Repurchase Time: February 18 to February 28

Average Repurchase Price: 0.0125 USDT/LBK

Repurchase Amount: 82,870.848 USDT

Burning Quantity: 3,314,833.92 LBK

Quantity belonging to the team: 3,314,833.92 LBK

*Note: The on-chain data will be updated by March 6.

*Operation*

1. LBank launched CXS Twitter Airdrop, share $5,000 CXS.
2. LBank launched SquidGrow Twitter Airdrop, share $500 USDT
3. LBank launched CFX Deposit competition and give $3,000 USDT!
4. LBank launched BRG Deposit+Trading competition and give $15,000 BRG!
5. LBank launched CRETA Net-buying competition and give $8,000 CRETA!
6. LBank launched GHUB Trading competition and give $6,000 GHUB!
7. LBank launched GDCC flexable staking with 20% annualized yield.

*Marketing*

The 180th (February 13-February 19) community nodes were 27, with a total of 540 LBKs released in a single week, at the price of 0.0128 USDT, equivalent to 6.912 USDT.

The 181st (February 20-February 26) community nodes were 27, with a total of 490 LBKs released in a single week, at the price of 0.0125 USDT, equivalent to 6.125 USDT.

From February 16 to February 28,  0 LBKs were released from users' lock-up positions.

*Products*