Dear LBank users：
LBank will launch the "Unslashed Finance（USF）" special sale on March 16. The total amount of this sale is USF equivalent to 100,000 USDT, the "LBK Special" enjoys an equivalent of 50,000 USDT and the "USDT Special" enjoys an equivalent of 50,000 USDT. the "USDT Special"participation rules are as follows :
Purchase Lottery time：11:00-18:00 on Mar 16, 2021 (UTC+8)
Purchase Supply：12,500 USF
Subscription price: 4 USDT
Purchase Currency：USDT
Purchase Method：Lottery Ticket Purchase
Quota Per Lottery：200 USDT(50 USF)
Participation conditions:need to pass KYC verification
Purchase price: 200 USDT/sign
Position Snapshot Period: average position held within 7 days
Daily Snapshot Time: Mar 9, 10:00-Mar 15, 22:00(UTC+8)
Subscription price ratio: 1USDT= 0.25USF
Release rules: After the lottery is completed, all are released at one time before going online
Purchase limit：The number of purchase tickets is set according to the amount of USDT (spot) held by the user within the specified time. Users who do not hold USDT cannot participate. Users who hold more USDT have a higher purchase quota. The following is a comparison table between the number of USDT held for this subscription and the purchase limit:
|
Number of USDT held during the snapshot period（h） |
Purchase quota (USDT)*lottery |
|
5000<=h<10000 |
200*1 |
|
10000<=h<20000 |
200*2 |
|
20000<=h<30000 |
200*5 |
|
30000<=h<40000 |
200*9 |
|
40000<=h<50000 |
200*15 |
|
50000<=h<80000 |
200*21 |
|
80000<=h<100000 |
200*26 |
|
h>=100000 |
200*30 |
Example
User B participates in this round sale with snapshot balance of 11,000 USDT. The user requests for 2 lottery tickets ,The corresponding amount of USDT to be paid is:
200*2=400USDT
After lottery draw user B wins 1 and lose 1, the USDT should be returned to user B is:
200*1=200USDT
Announce Lottery Draw Result and Complete Excess Return
- Winning tickets will be announced within 2 hours after the conclusion of purchase period, and return the USDT which the tickets not win.
Trading Enable: Mar.16, 20:00(UTC+8)
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.
Risk Warning
- Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. This announcement and any other information on LBank are not to be regarded as investment advice. LBank is not responsible for any losses generated by using the information thereof.
- Any individual who tampers or attempts to tamper with the process or the operations of the subscription will be disqualified from 「USDT Special Event」.
- In case of dispute, LBank reserves the final right of decision.
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