Dear LBank Users：
Since "Solar Nervos" received warm feedback after the release of the sale, in order to respect the community's opinions, LBank decided to apply for more quota, for LBK to subscribe for the encore round of Nervos (CKB) without requiring holding threshold.
Solar sales in this period will be subscribed directly by LBK without holding requirements and adopt a new mode of "half subscription". The specific sales details are as follows:
Sale Start : Aug 20, 2019, 19:00 (UTC+8)
Sale End : Aug 20, 2019, 21:00 (UTC+8)
Solar「Nervos」Encore Sale Info
Total Amount For Sale: 20,000,000 CKB
Purchase Price：CKB is fixed at 0.01USDT, and the price of LBK will be calculated at the average price within three hours before half an hour of selling. For example, when 1LBK=0.0475USDT, 1LBK=4.75CKB.
Purchase Time：2019/08/20 19:00:00（UTC+8）
Purchase Method：Half Purchase + Weighted Average Allocation
Purchase Quota Limit: The maximum subscription amount of a single account is 40000LBK, and the maximum actual purchase amount is 20000LBK.
Subscription Insurance: 110% trading exemption refund insurance(CKB purchased with LBK will still carry out refund insurance with USDT. The price of LBK is subject to the weighted average price from 19:00 to 21:00 on August 20)
Release mode of token: Nervos official notice shall prevail. Please refer to Nervos sales official announcement for specific release rules.
Solar「Nervos」Encore Sale Rules
- Half Purchase: the Encore Sale will be paid in the method of "Half Purchase", only 50% of the LBK used by users to subscribe will go into the actual payment calculation, The rest will be returned to the original account with the over-raised amount after the settlement.
- Weighted Average Allocation：19:00 to 21:00 on August 20, valid orders within two hours are treated as the same. Divide up all subscription quota according to the proportion of the valid order amount of all users in the total valid order amount.
- calculation formula:
Single account subscription amount q = total account order amount *50%
The actual purchase amount of a single account Q = (single account subscription amount q)* (total CKB quota of this period)/(total CKB subscription amount of this period)
- Users need to complete identity authentication (KYC) ;
- Users from the following jurisdictions will not be able to participate in this token sale:
Afghanistan,Albania,Belarus,Bosnia & Herzegovina,Burundi,China Mainland,Cambodia,Canada,Central African Republic,Cote dIvoire,Cuba,Democratic Republic of the Congo,Ethiopia,Guinea,Guinea Bissau,Iran,Iraq,Kosovo,Kyrgyzstan,Laos,Lebanon,Liberia,Libya,CKBnlandChina,Malawi,Malaysia,Mali,Mozambique,Myanmar (Burma),New Zealand,North Korea,Republic of Macedonia (FYROM),Serbia,Somalia,South Sudan,Sri Lanka,Sudan,Syria,Tanzania,Thailand,Timor Leste (East Timor),Trinidad & Tobago,Tunisia,Turkmenistan,Uganda,United States of America (USA),Uzbekistan,Venezuela,Yemen,Zimbabwe.
- All of the above steps must be completed before the start of the purchase event;
- Solar sales are high-risk investment methods. Investors should be rationally involved and beware of investment risks. LBank does not assume any responsibility for guarantees, compensation, etc. for any investment activities;
- The final interpretation of the event belongs to LBank.info
If you have problems, please contact LBank official email: email@example.com, and we will provide sincere, friendly and immediate service for you. We also welcome you to join Lbank.info official English community to discuss the latest issu, (Telegram): https://t.me/LBankinfo.
Thank You For Your Attention!