Huobi Inno Hub will launch TITAN (Titanswap) and start “Stake HT to Mine 4,000,000 TITAN” campaign on September 24, 2020 (GMT+8). The holding limit of a single project of each account is 50,000 USDT equivalents of tokens, and there is no holding limit for API trading, insiders and above (Huobi VIP). Please see details below:
- Open TITAN deposits at September 24 (GMT+8); [Deposit Now>>>]
- Open TITAN trading (TITAN/USDT、TITAN/BTC、TITAN/ETH) at 20:00 on September 24 (GMT+8);
- Open TITAN withdrawals at 20:00 on September 24 (GMT+8).
- Opening precaution: Huobi Global will limit the listed price to limited order within 5 minutes after opening trading, and the price shall not be more than 5 times of the opening price, and the normal trading will resume after that.
Click to check: TITAN (Titanswap) Introduction
Huobi Global will start the “Stake HT to Mine 4,000,000 TITAN” campaign at 20:30 on September 24, 2020 (GMT+8). This campaign will release 4,000,000 TITAN tokens to reward users who staking HT to participate mining for this time.
|Stake Token||Staking Cycle||Minimum Limit for Individuals||Maximum Limit for Individuals||Staking Cap In Total|
|HT||10 Days (early termination of the staking is not supported)||100 HT||20000 HT||8 Million HT|
The reward will be certain amount of TITAN that the token gained from mining. The amount of reward is subject to the actual HT amount in stake on that day.
Daily gained TITAN token: (Individual’s staked HT amount/ Total staked HT amount) * 4,000,000/10
Individual staked HT amount and total staked HT amount will be determined by snapshot at 24:00 (GMT+8) every night.
Take the day of completing the staking as the first day (T+0), the reward will be distributed T+1.
The reward will be distributed to your exchange account after 12:00 (GMT+8) every day.
The status of the exchange account will be lock-up. The staking will be terminated automatically by the end day of the campaign.
1. Staked HT will count towards the computation of Prime, FastTrack HT Holding snapshots, but cannot be used for HT voting or order placement. (Sub-account cannot participate in this campaign).
2. Huobi Global reserves the right of final interpretation of the event. Cheating behavior will result in disqualification.
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.
September 24, 2020