LBank overall profit from March 16 to March 31: 224,726.81 USDT
Commission on Spot Trading: 181,217.45 USDT
Commission on Futures: 17,221.88 USDT
Financing Service: 26,287.48 USDT
Repurchase Amount: 179,781.448 USDT=224,726.81*0.8
Quantity Released: 727,906.1937 LBK
*The 39th repurchase will be completed during April 3rd - April 15th, after which the specific data of repurchase and burning will be announced on the 40th Bi-weekly Report.
Bulletin of the 38th Repurchase
Repurchase Time: March 17 to March 31
Average Repurchase Price: 0.01523 USDT/LBK
Repurchase Amount: 173,061.69 USDT
Burning Quantity: 11,363,210.11 LBK
Burning Data:4,500,000 LBK
*Note: The on-chain data will be updated by April 7
1、Completed the "USF Special Sale" with a total amount of 25,000 USF, equivalent to 100,000 USDT.
2、Completed "CHZ 20% Off Sale", with a total orders of 2,561,693 USDT, and actual turnover of 50,000 USDT.
3、Completed "FIL 20% Off Sale", with a total orders of 2,445,682 USDT, and actual turnover of 50,000 USDT.
4、Completed the "DORA Special Sale" with a total amount of 6,000 DORA, equivalent to 60,000 USDT.
5、Completed the "DPR Special Sale" with a total amount of 4,166,666 DPR, equivalent to 50,000 USDT.
6、Opened the deposit of INSUR to share 5,000 USDT.
7、Opened the deposit of ATP to share 5,000 USDT.
8、Launch ATP Staking with an Annualized Yield of 40%.
9、Opened the deposit of BANK to share 8,000 USDT.
10、Opened the deposit of LUNA/MIR/ANC to share 10,000 USDT.
11、Launched Internal Liquidity Mining Event for LUNA/MIR/ANC, with a total reward of 14,000 USDT.
12、Launched DPR Trading Contest to Share 8,800 USDT.
13、Opened the deposit of SHFT to share 10,000 USDT.
14、Launched 「Deposit & Trade K21/BLES To share 10,000 USDT」.
15、Launched 「Deposit & Trade ILV To share 10,000 USDT」.
From March 1 to March 15, a total of 661,142.8237 LBKs released in a single week at a price of 0.0137 USDT/LBK, equivalent to 9,057.6566 USDT.
1 Complete 1 AMA and invite the person in charge of PERP China to complete 2 AMAs.
1、Optimized trading and cancellation interface.
2、Spot grid trading product development.
3、APP adjusts sidebar market quotation, advertising jump, cache clearing and other functions.
4、Regular financial management function upgrades, new weighting model.
5、APP contract UI adjustment.
6、Listed INSUR, USF, ATP, DORA, LUNA, MIR, ANC, BANK, DPR, SHFT, BLES, K21, ILV.
7、Listed FIL3L/3S，RSR3L/3S，RVN3L/3S, KNC3L/3S，HBAR3L/3S，CAKE3L/3S, FLOW3L/3S.
8、Listed BAT, IOST, RVN on futures.
From March 16 to March 31, the highest of LBK was 0.015852 USDT/LBK and the lowest was 0.012000 USDT/LBK, a drop of 24.3%. The price gradually stabilized.
Fundamentally, this issue of LBank brings more sales and deposit activities to users.LBank launched a 20% off sale for CHZ and FIL. KYC users holding at least 50,000LBK can participate in the 20% off sale for popular coins. On March 26, DPR was initially listed at the firm, with high market activity and strong price performance. Community activity has increased. At the same time, the sale of MINA and other currencies has attracted more than 500 external community users to actively respond. The market has also been affected by this event, and has risen for nearly 10 days. At the same time, LBank has launched the currency LBK and USDT sales activities. The response was overwhelming. Same as the requirement of DPR LBK special sale holding position not less than 5,000 LBK, the firm also launched DORA’s LBK special sale, and the LBK holding requirement for USF sales activities reached 100,000. Nevertheless, the number of users participating in the LBK special sale is still USDT's Twice (see announcement for details). In this issue, LBank has accelerated the launch of the recharge and share USDT activity, covering popular currencies such as ILV, K21, BLES, SHFT, INSR, ATP, and BANK.
In the market, the trade volume of the current period is about 255M, compared with the previous period, it has been reduced. In the trend of wide fluctuations, the trading of large funds has begun to level off, and grid trading strategies have begun to appear frequently. In this issue, technical attention can be paid to the support of the 0.012 USDT position. In addition, the driving influence of BTC and ETH on the market is also worthy of reference.
With the further increase in market popularity, LBK will also begin to launch a series of measures after completing the transformation of the fundamentals. The grid-based strategy that will be launched in mid-April will open the starting point for quantitative trading on the LBK platform. More trading depth and more trading opportunities will usher in.
Let's look forward to the Bi-weekly report in mid-to-late April.
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