LBK (LBank) Bi-Weekly Operation Report 96 (2023.08.01-2023.08.15)

*LBK*

LBank's overall profit from August 1 to August 15: 36,555.25, Including:

Commissions on Spot Trading:  12,076.73 USDT

Commissions on Futures: 4,177.4 USDT

Finance profit: 20,301.12 USDT

Repurchased Amount: 29,244.2 USDT=36,555.25 USDT*0.8

Quantity Released: 830 LBK

*Repurchase of period 96 will be completed from August 18 to August 31, after which the specific data of repurchase and burning will be announced on the semi-monthly report of period 96th. All LBK repurchased in the period 97 will be burned by 50%, and the remaining 50% will be held by the LBank team.

Repurchase of Period 95

Repurchase Period: August 3 to August 15

Average Repurchase Price:  0.0109 USDT/LBK

Repurchase Amount: 35,158.688 USDT

Burning Amount: 1,612,783.85 LBK

Amount Hold by the Team: 1,612,783.85 LBK

*Note: The on-chain data will be updated by August 22.

*Operation*

The community node number was 27 for period 204 (July 31 to August 6), with a total of 440 LBK released within one week at the price of 0.0109 USDT/LBK, equivalent to 4.796 USDT.

The community node number was 27 for period 205 (August 7 to August 13), with a total of 390 LBK released within one week at the price of 0.0112 USDT/LBK, equivalent to 5.488 USDT.

From August 1 to August 15, 0 LBK was released from users' lock-up positions.

*Products*

1. Adjust Web and App data specifications, and upgrade data collection and analysis capabilities.
2. Optimize the K-line trading function and the display of trading charts.
3. Upgrade internal transfer and delisting asset functions, add UID transfer.
4. Optimize the functions of API market, transfer and balance inquiry, as well as the fee rate page.
5. Support Futures activities and launch a new version of Launchpad.
6. Launched 16 new assets including  OZONE, LBS, JPC, HOUND, CYBER, LPT on the spot wallet.