Huobi Global Will Launch DeFi Mining Campaign With Phase I: Staking HT/ HPT To Share the Reward of Mining At 16:00, 7th September (GMT+8)

Dear Users,

Huobi Global will start the “Staking HT/ HPT to Share the Reward of DeFi Liquidity Mining” campaign at 16:00 (GMT+8) on 7th September, 2020.

Huobi Global will kick off with  5,000,000 USDT worth of blockchain assets for DeFi Liquidity Mining, and more rounds will be held after with a total 10 million USDT worth of blockchain assets projected. Rewards (all income) generated from DeFi Liquidity Mining will be distributed to all qualified participants who stake HT/ HPT. Staking HT/ HPT to share the reward now. Please read further details below: 

How to participate?

Visit Huobi Global official website and check the link of the landing page released later.

APP：Login Huobi APP, one-click the banner with "Staking HT To Share The Reward" or "Staking HT To Share The Reward" to participate.

Rules:

Projected Reward:

The reward will be certain amount of CRV that the token gained from mining. However, the actual reward may be affected by the market volatility.

Reward Distribution：

Take the day of completing the staking as the first day (T+0), the reward will be distributed T+1.

Revenue calculation period: from 12:00 (GMT+8) of the day before the start date to 12:00 (GMT+8) of the day. The reward will be distributed at 17:00 (GMT+8) on the day.

For example, user stakes HT at 12:00 on 7th September, the revenue calculation period started from 12:00, 7th September to 12:00, 8th September. And the reward will be distributed at 17:00 on 8th September (GMT+8).

Note:

1. This is the phase 1 of “ Staking to Share DeFi Liquidity Mining Reward” campaign. More phases will be held depending on the response from participants and users.

2. Staked HT will count towards the computation of Prime, FastTrack HT Hhlding snapshots, but cannot be used for HT voting or order placement.

3. The content of the announcement and other information on Huobi Global is not a suggestion of investment advice. Huobi will not bear any direct or indirect losses arising from reliance on such information. Huobi does not assume responsibility for guarantees, compensation, etc. for trading or staking. 

Huobi Global                                                                                                                                          September 7, 2020