Announcement On MOM (Oi! Network) Contract Upgrade Processing and Restart Trading

Dear LBank Users,

Due to the contract upgrade of MOM (Oi! Network), LBank has suspended deposit and transaction at 11:15 on April 8, 2023 (UTC).

After negotiating and reaching an agreement with MOM (Oi! Network) official, the solution is as follows：

From 10:30 on April 8, 2023 to 11:15 on April 8, 2023 (UTC), for users who trade during this period, MOM official will make a uniform repurchase based on the current transaction price of the user and the net purchase volume.

For users who have deposited to their LBank account since 06:00 on April 8, 2023 (UTC) and have not traded,no repurchase will be performed. Users can withdraw by themselves and contact the MOM official for exchange.

MOM (Oi! Network) Official:

Twitter: https://twitter.com/OiNetwork_xyz

E-mail: info@oi.xyz

At the same time, the abbreviation of the old MOM token will be changed to MOM1, and LBank will keep the withdrawal open so that users can withdraw MOM1. In addition, the new MOM1 (Oi! Network) contract address is:

https://polygonscan.com/token/0x4593b173439835ad8f4bB29210668e8FAFb18F56

After the repurchase is completed, LBank will no longer support the deposit of MOM1 tokens.

Please pay attention to whether the contract address is correct when deposit to avoid unnecessary losses. If the deposit is wrong, LBank will not support refund processing.

After buyback,the new MOM will be arranged as follows:

Start Deposit: 12:00 on April 14, 2023 (UTC)

Start Trading:13:00 on April 14, 2023 (UTC)

Start Withdrawal: 12:00 on April 15, 2023 (UTC)

LBank Community

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If you have problems, please contact LBank official email: service@lbank.info, and we will provide sincere, friendly and immediate service. We also welcome you to join LBank official English community to discuss the latest issue (Telegram): https://t.me/LBank_en.

Risk Warning: Investing in digital assets is extremely risky. Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and LBank is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. This material shall not be construed as financial advice in any case. LBank reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.

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