Dear LBank users,

 

LBank is excited to announce a project on LBank Launchpad: PINS. The token sale for PINS will follow the Launchpad subscription format. LBank will record users’ mainstream cryptocurrencies balances (BTC, ETH, USDT, LBK) for 30 days (Spot, Futures, & Earn account), and the final holding amount for each user will be determined as the average of the 30 days. To participate, users must have engaged in at least one trading activity on LBank during this period.
*The Futures account takes a snapshot of users' principals, excluding futures bouns.
 
Snapshot Period: 00:00 on August 1, 2023 - 00:00 on August 30, 2023 (UTC)
 
PINS Token Sale Details:
  • Token Name: PINS
  • Total Tokens Allocated to LBank Launchpad: 200,000,000 PINS (2% of total token supply)
  • Hard Cap Per User: 2,000,000 PINS
  • Total Token Supply: 10,000,000,000 PINS
  • Public Sale Token Price: 1 PINS = 0.0005 USDT
  • Token Sale Format: Subscription
  • Supported Sessions: USDT
Subscription Timeline:
  • From 00:00 on August 1, 2023, to 00:00 on August 30, 2023 (UTC): During this period, user BTC, ETH, USDT and LBK balances will be calculated in hourly snapshots for each day over a 30-day period. Your final average daily balance over these 30 days will determine the maximum amount of USDT that you can commit later on.
  • After 06:00 on August 31, 2023 (UTC): Subscription will open at this time for all eligible users for a 5-hour period. Users must also sign the Token Purchase Agreement at the same time, prior to committing their USDT. Please note that once committed, your USDT will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals or trading until final token distribution.
  • 11:00 on August 31, 2023 - 13:00 on August 31, 2023 (UTC): Subscription closes and token allocation calculation begins.
  • 13:00 on August 31, 2023 (UTC): Your final token allocation will be calculated and the corresponding USDT will be deducted from your already-locked USDT amount. Once deducted, your PINS and USDT tokens will be transferred to your spot wallet. 
 
Related Links:
Official Website: http://www.pins.network/
Twitter: https://twitter.com/PINsNetwork
Discord: https://discord.com/invite/CzEy4z8xDW
Telegram: https://t.me/pins_network
 
Reminder: Users must complete their account verification and be from an eligible jurisdiction to participate in this token sale.
 
* Users from the following countries or regions will not be able to participate in token sales on the LBank Launchpad platform:
 
Belarus, Cuba, Crimea Region, Democratic Republic of Congo, Iran, New Zealand, North Korea, South Sudan, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, and the U.S. Virgin Islands), Zimbabwe, China.
 

LBank Community

Telegram | Twitter | Facebook | Discord | Medium | LinkedIn

Click here to download for iOS or Android

If you have problems, please contact LBank official email: [email protected], 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.