BK (LBank) Bi-Weekly Operation Report (04.01/2021-04.15/2021)

*LBK*

 

LBank overall profit from April 1 to April 15: 241,321.64 USDT

 

Including:          

 

Commission on Spot Trading: 193,822.32 USDT

 

Commission on Futures: 19,525.22 USDT

 

Financing Service: 27,974.10 USDT

 

Repurchase Amount: 193,057.312 USDT=241,321.64*0.8

 

Quantity Released: 642,483.2489 LBK

 

*The 40th repurchase will be completed during April 18th - April 30th, after which the specific data of repurchase and burning will be announced on the 41st Bi-weekly Report.

 

Bulletin of the 39th Repurchase

 

Repurchase Time: April 3 to April 15

 

Average Repurchase Price: 0.03122 USDT/LBK

 

Repurchase Amount: 179,781.448 USDT

 

Burning Quantity: 5,758,534.529 LBK

 

Burning Data: 1,596,836.7651 LBK

 

*Note: The on-chain data will be updated by April 22 

 

 

*Operation*

 

1、Completed "KSM 20% Off Sale", with a total orders of 2,255,171 USDT, and actual turnover of 50,000 USDT.

 

2、Completed "FEI Substitute Investment", with a total amount of 2606 ETH.

 

3、Completed "WHALE 20% Off Sale", with a total orders of 1,536,650 USDT, and actual turnover of 50,000 USDT.

 

4、Completed the "CHIA Hashrate Sale" , has sold 1,215,596 USDT, and actual turnover of 50,000 USDT.

 

5、Completed the "MINA Special Sale" , has sold 54,738,802 USDT and 482,342,330 LBK, and actual turnover of 1,000,000 USDT.

 

6、Launched USDT Staking with an Annualized Yield of 70%.

 

7、Launched 「Deposit FEI/TRIBE To share 10,000 USDT」.

 

8、Launched 「Deposit HOPR To share 5,000 USDT」.

 

9、Launched Staking FEI and TRIBE to get DODO with an Annualized Yield of 100%.

 

10、Launched SAND Staking with an Annualized Yield of 30%.

 

11、Launched 「Deposit & Trade BOSON To share 10,000 USDT」.

 

12、Launched the "Trade 5X ETF Convoy Plan"，with a total prize pool of 40,000 USDT.

 

13、Launched 「Deposit DPR To share 10,000 USDT」.

 

The 83rd (March 29 - April 4) community node count was 27, with a total of 33,568.290 LBKs released in a single week, at a LBK price of 0.017960 USDT/LBK, equivalent to 602.886 USDT at the time of release.

 

The 84th (April 5 - April 11) community node count was 27, with a total of 35,489.000 LBKs released in a single week, at a LBK price of 0.030000 USDT/LBK, equivalent to 1064.670 USDT at the time of release.

 

The 85th (April 12- April 18) community node count was 27, with a total of 33,269.000 LBKs released in a single week, at a LBK price of 0.025000 USDT/LBK, equivalent to 831.725 USDT at the time of release.

 

 

From April 1 to April 15, a total of 540,156.9589 LBKs released in a single week at a price of 0.0265 USDT/LBK, equivalent to 14,314.1594 USDT.

 

 

 

* Marketing*

 

1、Complete 3 AMAs, SAND, Vswap and ANY, for a total reward of 1,800 USDT.

 

 

*Products*

 

4.1-4.15

1、WEB side list grid strategy trading products

2、Support members to reduce network trading fees

3、New quantitative accounts on WEB side, support contract position jumping

4、Optimize iOS download channel, optimize Android pop-up list module

5、Coin wallet support HOPR, BOSON, VAL, ANY

6、ETF trading zone lists 16 groups of 5x leverage products, new NKN contract and 3x leverage trading pairs

 

 

*LBK Market*

 

From April 1 to April 15, the highest of LBK was 0.041199 USDT and the lowest was 0.015142 USDT, a drop of 92.9%, at one point the peak exceeded that of mid-February last year, achieving the biggest gain of the year so far.

 

Fundamentally, LBK's 42nd-44th Thursday GO events, which launched 20% off sale events for the popular coins of the moment: KSM, WHALE and 1inch respectively, and 50,000 LBK KYC accounts participated in the conditions, enhancing LBK's important position in the LBank ecosystem. The current coin holding campaign still supports several coins, such as USDT and SAND. In addition, by topping up BANK, HOPR, BOSON, DPR and other coins and participating in transactions, you can have the opportunity to share USDT. In addition, LBank has launched a Chia Arithmetic Sale, where you can get XCH output rewards for holding Chia Arithmetic. At the same time, this issue also launched a large number of projects with 5x ETH products to facilitate users to trade on demand.

 

In the market, the volume of this period was about 745 M, an increase of about 190% compared to the previous period. Influenced by the general increase brought by the platform coins, LBK was particularly outstanding in terms of upward performance, with active transactions in the plate at the beginning of the period to match the steady price increase and strong trend.

 

 

In addition, the operations team fully embraced the DeFi ecology and is now actively involved in the construction and preparation of the LBK platform coin for participation in the DeFi ecology, as well as reaching initial cooperation with relevant platforms, which is expected to result in a significant breakthrough in May.