Dear LBank Users,

We hereby inform you that due to the price drop of $HQ on its listing day, January 27, 2025, on LBank, we have decided to provide compensation to eligible users. This compensation aims to protect users' rights and ensure a better trading experience on our platform.

 

Compensation Rules:

Realized Loss:

Buy Price Above 0.03:
Compensation equals the difference between the opening price and the selling price: 0.03 - Selling Price.

Buy Price Below 0.03:
Compensation equals the difference between the buy price and the selling price: Buy Price - Selling Price.

 

Unrealized Loss:

Buy Price Above 0.03:
Compensation equals the difference between the opening price and today's average price: 0.03 - 0.015 = 0.015.

Buy Price Below 0.03:
Compensation equals the difference between the buy price and today's average price: Buy Price - 0.015.

 

Eligible Users:

Users who purchased $HQ on LBank from 13:00 (UTC) on January 27, 2025, to 09:56 (UTC) on January 28, 2025.

 

Compensation Method:

All eligible users will receive their compensation via airdrop directly to their LBank accounts.

 

Compensation Timing:

Compensation will be completed within 24 hours after this announcement is published.

 

Please ensure that your LBank account remains active during this period to successfully receive the compensation. If you have any questions or need further assistance, feel free to contact our customer support team.

Thank you for your support and understanding. We are committed to providing you with better services and trading experiences.

 

LBank Team