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Why did the amount of my Leveraged Tokens just decrease? – The Reverse Split mechanism

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Updated
ByEzreal

When the price of a Leverage Token drops lower than 0.05 USDT, Pionex will do a Reverse Split to bring the price back up. That means every User will have the price of its token multiplied and the amount divided by the same number. (100 Tokens worth 0.05$ each could change to 1 Token worth 5$)

For more details about leveraged tokens, click here.

Related posts:

  1. About reverse split, what is the cons? our holding value should be the same value. so what is the concerning issue when reverse split happens?
  2. Does a reverse split on leverage tokens affect my current balance
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  4. What does the reserved fee mean? is that the fee that has been spent by the bot, or is it like some amount 'pre-reserved' for a certain period. Any reason why the releasable amount is $0? should be some, even minus the fees right
  5. If we put a reverse Grid ( eg 1000 DOGE coin at rate 0.24) and if rate increases mote than 0.241 will the number of coins decrease ?
  6. I run Reverse Grid Bot, and there is info result about Grid profit is 243 xyz tokens, but where are that tokens? they are not into my balance? When i click on the Release profit, there is 0 usdt to Release profit…
  7. A basic question how do I decrease these% in the bot
  8. I am unsure about the difference betwen long and short. It's like a bet over the futur ? Short mean will decrease and long will increase?
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