LBank launches a $100 million risk protection fund, with a contract payout of 120% and an additional airdrop of 10000 USDT

Odaily Planet Daily News: According to official sources, in order to improve trading fairness, LBank has officially established a $100 million contract risk protection fund and launched a dual compensation mechanism for the pin insertion incident. If a user experiences forced liquidation or stop loss due to insertion during contract trading, LBank will compensate 120% of the loss amount to minimize the user's losses. The compensation amount will be issued in USDT to the user's spot account within 48 hours. At the same time, after each insertion event, LBank will also airdrop an additional 10000 USDT to all holding users in proportion to their holdings, ensuring that non loss making users can also share benefits. It is reported that this activity is applicable to the top 100 contract trading pairs ranked by CoinMarketCap market capitalization. This measure aims to optimize the trading experience for users, reduce the risks brought by abnormal market fluctuations, and enable every user to participate in contract trading in a safer and more reliable environment.