LBK (LBank) Bi-Weekly Operation Report 100 (2023.10.01-2023.10.15)

*LBK*

LBank's overall profit from October 1 to October 15: 29,799.45 USDT, Including:

Commissions on Spot Trading: 8,831.52 USDT

Commissions on Futures: 4,404.98 USDT

Finance profit: 16,562.95 USDT

Repurchased Amount: 23,839.56 USDT=29,799.45  USDT*0.8

Quantity Released: 1,010 LBK

*Repurchase of period 100 will be completed from October 18 to October 31, after which the specific data of repurchase and burning will be announced on the semi-monthly report of period 101st. All LBK repurchased in the period 100 will be burned by 50%, and the remaining 50% will be held by the LBank team.

Repurchase of Period 99

Repurchase Period: October 4 to October 15

Average Repurchase Price: 0.0116  USDT/LBK

Repurchase Amount: 24,922.64 USDT

Burning Amount: 1,074,251.72 LBK

Amount Hold by the Team: 1,074,251.724 LBK

*Note: The on-chain data will be updated by October 24.

*Operation*

The community node number was 27 for period 213 (October 2 to October 8), with a total of 480 LBK released within one week at the price of 0.0122 USDT/LBK, equivalent to 4.992 USDT.

The community node number was 27 for period 214 (October 9 to October 15), with a total of 530 LBK released within one week at the price of 0.0109 USDT/LBK, equivalent to 5.77 USDT.

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

*Products*

1. Upgrade of APP basic components
2. Optimization of Article Center and Decision Engine
3. Optimization of Broker Business API Services
4. Optimization of Derivative Plan Order, Liquidation, and Profit Calculation functions
5. Launched 15 new assets including  RBIGTIME, ODEX, SOW, STR, BWO, WFCA, AART, and NTRN on the spot wallet.

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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.