Dear LBank Users：
To benefit LBK community, LBK launched the "LBK Autumn Fatty Plan" 30% off OKB special event, total 146,520.15 OKB for 30% off saling. The details are as follow:
Subscription time：：16:00-18:00 on September 11 (UTC+8)
Puechase Token: OKB
Purchase Supply：146,520.15 OKB
Subscription Currency：LBK(Quota equivalent 200,000USDT), MX(Quota equivalent 200,000USDT)
Subscription Mode: weighted average Allocation
Participation Condition: need to pass the real name KYC
Subscription Price: 0.054OKB/LBK (OKB executive price is calculated based on the average price of OKEX, the current 30%-off OKB executive price is 2.64 * 0.7 = 1.848 USDT. Assuming the LBK price is 0.1USDT, then the exchange ratio of OKB/LBK is: 1 OKB=18.48 LBK)
Trading Starts: September 11, 2019, 19:30 (UTC+8)
Trading Pair: OKB/USDT
Purchase Price Algorithm:
Since the price of LBK is not stable, the price of LBK will be calculated according to the trading price of LBK/USDT trading pair within 4 hours before the subscription. The calculation rule will be: We will backdate 3 hours from the first half hour of the time while the subscription is accepted, and set the executive price with the average price the 3 hours. Assuming the LBK price is 0.1 USDT, the calculation result is: 1 LBK=0.054 OKB
Purchase Limit: A single account is limited to purchase 100000LBK maximum, or the equivalent MX.
Subscription Results Announcement:
LBank will announce the subscription result within one hour after the end of the subscription. The LBK for subscription will be deducted. The actual subscription amount will be calculated within 1 hour and the following processing will be completed:
1 Deduct the LBK from the actual successful subscription;
2 Return LBK other than the subscription cost;
3 Complete the distribution of the subscripted token.
- All LBKs used to pay for this discount sale will be destroyed.
The actual subscription amount of the account = (the effective subscription amount of the account) / (the total subscription amount of the whole platform on the same day) * (the total amount of token available for sale on the same day)
Bob participated in this round of discount sales, and subscribed for 50000 LBK token amount. The total order for the whole platform is 1000000 LBK, and the total limit for OKB for sale is 10000 OKB. Assuming that the LBK price at the beginning of the subscription is 0.1USDT, the LBK amount that Bob actually subscribes to pay is: (50000/1000000*10000)*1.848/0.1=9240LBK
The following countries®ions are not supported in this event:
Afghanistan, Albania, belarus, bosnia and herzegovina, Burundi, Burma, Canada, the democratic republic of Congo (gold), Cuba, Ethiopia, guinea Bissau, guinea, Iran, Iraq, Japan, Korea, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, and Uganda, Ukraine, the United States, venezuela, yemen, Zimbabwe.
Users in other countries should participate in accordance with their own nation laws.
Click to get in「LBK Autumn Fatty Plan 30% off OKB」
If you have problems, please contact LBank official email: firstname.lastname@example.org, 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.