Announcement Regarding the Adjustment of Management Fee of Leveraged Token ADA3L

Dear KuCoin users,

Due to the large fluctuations in the recent market, the management of leveraged tokens has become more difficult and the cost of risk control has increased. KuCoin has adjusted the management fee of leveraged token ADA3L to 1%.

If the subsequent market fluctuations continue to increase, it is not ruled out that the leveraged tokens management fees will continue to be adjusted.

The current market is volatile. KuCoin kindly recommends that you can control the cost and risk of holding positions by reducing your overnight positions!

For more details about leveraged token rates: Leveraged Token Rates

Regards

The KuCoin Team

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