Free Crypto, ultra-low barriers! To further expand the range of assets available in BoostHub, LBank is launching a
Precious Metals Rewards Event. During the event period, users can participate via Smart or Futures mining pools and share a total prize pool of 10 XAUT.
 

Event Rewards

BoostHub Supply: 10 XAUT
Individual Cap (Smart Pool): 0.005 XAUT
Individual Cap (Futures Mining Pool): 0.01 XAUT
 

Key Information (UTC Time)

  • Registration Period: February 28, 15:00 – March 7, 09:00 (UTC)
  • Snapshot Period: February 28, 15:00 – March 7, 09:00 (UTC)
  • Calculation Period: March 7, 09:00 – March 7, 12:00 (UTC)
  • Distribution Period: March 7, 13:00 (UTC)

Participation Requirements

  1. Users must click on [Register] on the XAUT BoostHub event page. Registration link: https://www.lbank.com/boosthub/xaut-49 
  2. Smart Pool: Users must complete at least one spot or futures trading during the registration period, with no minimum trading amount. During the snapshot, users must meet the following holding requirement to qualify for allocation calculation: USDT ≥ 1,000.
  3. Futures mining pool: The system will calculate users' average net futures position (including leverage) every hour during the snapshot period. A minimum average net position of 1,000 USDT is required to qualify. If users' average net position exceeds 99,999 USDT, it will be capped at 99,999 USDT.
 

Reward Calculation & Distribution

  1. Effective Data Calculation

(1) Smart Pool

The system will take hourly snapshots of designated spot assets during the snapshot period. If users' asset value falls below the minimum requirement in any snapshot, that snapshot will count as 0. Rewards will be allocated based on each user’s average asset value over the entire snapshot period.
  • Average Asset Value = (Sum of all valid snapshots) ÷ (Number of snapshots)
Example:
  • Minimum Requirement: 1,000 USDT
    • Snapshots: 1,000 / 1,200 / 999 USDT → Average = (1,000 + 1,200 + 0) ÷ 3 = 733.33 USDT
    • If all snapshots are below 1,000 USDT → Average = 0

(2) Futures Mining Pool

After the Futures Holdings starts, the system will take multiple random snapshots (as configured) within each natural hour to calculate users’ average net futures positions for that hour. If the hourly average net position is below the minimum requirement, the valid position will be counted as zero. If it exceeds the maximum cap, it will be counted as the maximum value.
Rewards will be calculated on an hourly basis, with each hour treated as one round. Users will share the rewards of each round based on their proportion of valid net positions.
  • Average Net Position per hour = (Sum of all snapshots in that hour) ÷ (Number of snapshots)
Example:
  Minimum Requirement: 100 USDTя╝Ы Maximum Cap: 10,000 USDT
  • If there are three snapshots during that hour with values of 25, 300 and 11,000 USDT, then the hour’s average net position = (25 + 300 + 11,000) ÷ 3 = 3,775 USDT.
  • If the average hourly net position is 80 USDT, the valid net position is 0 USDT
  • If the average hourly net position is 200 USDT, the valid net position is 200 USDT
  • If the average hourly net position is 11,000 USDT, the valid net position is 10,000 USDT

 

  1. Reward Distribution

The Smart Pool and Futures Mining Pool are calculated independently, and rewards will be distributed separately. The specific distribution method for each pool will follow the final arrangements announced on the event page:
  • Smart Pool: Rewards will be settled after the event ends and distributed as a one-time settlement. Users will receive notifications via in-app messages once the rewards are credited.
  • Futures Mining Pool: Rewards are calculated on an hourly basis and may be distributed in either of the following ways (the final method will be announced on the event page):
    • Hourly Distribution: Rewards will be automatically credited to users' spot account in the following (T+1) hour, with no manual claiming required.
    • One-time Distribution: Rewards from each round will be accumulated and distributed as a one-time settlement after the event ends. Users will be notified via in-app message once the rewards are credited.

FAQs

  1. Registration failed?
  • Smart Pool: Please complete any spot or futures transaction and then register again.
  • Futures Mining Pool: If your net position shows “–”, it means you haven’t participated or your position hasn’t met the minimum holding requirement.
  1. Haven’t received rewards?
Please check in-site messages or contact customer service (service@lbank.com).
  1. Want to learn more about BoostHub?
Please refer to LBank BoostHub User Guide.
 

Terms & Conditions

  1. All participants must strictly adhere to LBank’s terms and conditions. Institutional users and market maker accounts are not eligible to participate in this event.
  2. If any fraudulent activity, such as using multiple accounts to claim rewards, or other violations are detected, LBank reserves the right to disqualify the user from participating and confiscate any rewards.
  3. LBank reserves the final right of interpretation for this event and may, at its sole discretion, modify, revise the event terms, or cancel the event without prior notice.