Dear LBank users,

 

LBank is excited to announce a project on LBank Launchpad: UMM. The token sale for UMM will follow the Launchpad subscription format. LBank will record users’ mainstream cryptocurrency balances (BTC, ETH, USDT, LBK) for 27 days (Spot, Futures, & Earn account), and the final holding amount for each user will be determined as the average of the 27 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 bonus.
 
Snapshot Period: 00:00 on September 1, 2023 - 00:00 on September 27, 2023 (UTC)
 
UMM Token Sale Details:
  • Token Name: UMM
  • Total Tokens Allocated to LBank Launchpad: 1,000,000 UMM (1% of total token supply)
  • Hard Cap Per User: 20,000 UMM
  • Total Token Supply: 100,000,000 UMM
  • Public Sale Token Price: 1 UMM = 0.1 USDT
  • Token Sale Format: Subscription
  • Supported Sessions: USDT
Subscription Timeline:
  • Holding Calculation Period: 2023-09-01 00:00 (UTC) to 2023-09-27 00:00 (UTC): During this period, user BTC, ETH, USDT and LBK balances will be calculated in hourly snapshots for each day over a 27-day period. Your final average daily balance over these 27 days will determine the maximum amount of USDT that you can commit later on.
  • Subscription Period: 2023-09-28 06:00 (UTC) to 2023-09-28 11:00 (UTC): Subscription will open at this time for all eligible users for 5 hours. 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 deducted.
  • Calculation Period: 2023-09-28 11:00 (UTC) to 2023-09-28 13:00 (UTC): Subscription closes and token allocation calculation begins.
  • Distribution: 2023-09-28 13:00 (UTC): The token distribution results will be announced, and UMM tokens, as well as any remaining USDT, will be distributed to users' spot wallets.
 
Related Links:
 

Official Website: https://www.metaexpand.com/

Twitter： https://twitter.com/MetaExpand

Game Twitter： https://twitter.com/pinkpink6yy

Discord： https://discord.gg/3HY3cw2M

Telegram： https://t.me/+JBPZvp4ajK42N2Rh

 
 
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.
 
 

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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.