“Huobi FastTrack”: BHEX Token (BHT) Introduction

【Token Information】
[TOKEN Name] BHT (BHEX Global Circulation Token)
[TOKEN Type] ERC – 20
[TOKEN Issuance] 2.1 billion fixed
[TOKEN Price] 1/12000 eth

【Project Introduction】
BHT is the abbreviation for BHEX Token, being the platform token for BHEX ecosystem.
BHT is the decentralized asset issued on the Ethereum blockchain for BHEX ecosystem, with a total issuance size of 2.1 billion. It will be gradually burnt until the total size reduces to 1.05 billion. BHT is used for the development and incentive of BHEX ecosystem.

The intrinsic value of BHT is totally based on BHEX business ecosystem, it includes but not limited to:

BHDM BHEX Decentralized Blockchain Asset Market
Usage Scenario: BHT is the universal token for the whole DiFi market.

BHEX Decentralized Custody & Clearing Chain
Usage Scenario: BHT will be used for the Gas fee for the associated public chain.

BHEX Matrix Cloud SaaS Service
Usage Scenario: BHT will be used for service fee, Security Deposit, consulting fee, partnership incentive, etc.

BHEX Exchange
Usage Scenario: BHT will be used for paying the trading fee, membership premium, voting, etc.

【BHT Allocation】
A) 210 million (10% of total issuance size) allocates to institutional investors
Vests quarterly or monthly according to private institutional unlocking scheme, completely unlocks within 2 years.
B) 210 million (10% of total issuance size) allocates to equity angel investors
Unlocking period 4 years in total, vests 1/4 every 12 months.
C) 215 million (around 10% of total issuance size) allocates to retail incentive program and platform campaigning operations
D) 310 million (around 15% of total issuance size) allocates to investors protection funds
E) 420 million (20% of total issuance size) allocates to the operations team
Unlocking period 4 years in total, vests 1/4 every 12 months.
F) 735 million (35% of total issuance size) allocates for the development of BHEX/Bluehelix community ecosystem and strategic partnerships.
Unlocking period 4 years in total, vests at most 1/4 every 12 months.

【BHT Buyback & Burning Token Mechanism】
BHEX has achieved tremendous development at its core business pipelines including BHEX Decentralized Custody and Clearing Chain, BHEX Exchange, BHEX Matrix Cloud SaaS Service. Accordingly, the intrinsic value of BHT is enhanced by fast-growing and active communities, macro market environment improving, matrix cloud business growing, etc. For the sake of better servicing BHEX ecosystem, it is passed with a unanimous vote that BHT will adopt the new buyback & burning token mechanism, after 5 days of community voting ending on 21 July 2019.

In the future, BHEX will use 80% of its profit to buyback BHT from the market and burn it quarterly until it burns 50% of the 2.1 billion BHT issuance or 1.05 billion BHT. BHEX will remain 1.05 billion BHT to support businesses within the ecosystem.

【Related Links】
Official Website: https://www.bhex.com/ 
BHEX Official Telegram Groups:
BHEX Global: https://t.me/BHEX_EN 
BHEX China: https://t.me/BHEX_CHN 
BHEX Vietnam: https://t.me/BHEXVietnam 
BHEX Japan: https://t.me/BHEXJapan 
BHEX Korea: https://t.me/BHEXKorea 
BHEX Indonesia: https://t.me/BHEXIndonesia