MEXC Will Merge the Shares of DOGE3S Leveraged ETF
Since the net value of leveraged ETF products DOGE3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MEXC will merge the shares of DOGE3S at 16:40 on April 19, 2021 (UTC+8).
The 10 shares of DOGE3S will be merged into 1 share respectively. Consequently, the net value per share of DOGE3S will be up 10 times, while user’s holding amount will be down to 1/10. In this connection, user’s total asset will stay the same after the merging.
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