Dear users,
Huobi Global will launch FastTrack Phase 5 on July 31, 2019. In this phase, Huobi Global will announce 2 FastTrack project candidates each. Order of listing depends on voting results. Approximately 1 million USDT worth of project tokens (market price) will be sold (at a discount of around 50% off to voting users), whilst, an equivalent of 500,000 USDT worth of HT will be burnt.
FastTrack Phase 5 Project Details ( @ 1 HT = 4.7 USDT)
Project Candidates for FastTrack Phase 5 (in random order)
Project Name: Fusion (FSN)
Distribution Token Amount: 374,308.00 FSN
Price After Discount: 1 FSN= 0.6679 USDT =0.142106 HT
Project Introduction: Click here for more
Project Name: V Systems (VSYS)
Distribution Token Amount: 2,709,000.00 VSYS
Price After Discount: 1 VSYS= 0.0923 USDT = 0.019638 HT
Project Introduction: Click here for more
Target Schedule:
Voting starts: 20:00:00 – 20:59:59 July 31, 2019(GMT+8) (1 hour in total);
Token Exchange: 21:00:00 – 21:09:59 July 31, 2019 (GMT+8);
Winning Project’s Listing starts: 22:00:00 July 31, 2019(GMT+8) where free trading of USDT, BTC and HT trading pairs will launch.
Runner-up project’s Listing starts: 10:00:00 Aug 2,2019(GMT+8) where free trading of USDT, BTC and HT trading pairs will launch.
V Systems' Deposit and Withdrawal services will start on July 31, 2019 at 10:00:00;
In order to support Fusion's mainnet swap, Fusion's Deposit and Withdrawal services will be delayed until further notice.
Click here for FastTrack Voting Rules
Further Notice:
1. In order to avoid extreme price volatility due to exuberance, we will restrict the use of market orders within 5 mins after official trading opens and users are unable to place orders at prices 5 times higher than the highest tradable price during Price Limit Round;
2. Huobi reserves the right to void a project’s vote count, or eliminate FastTrack voting eligibility if signs of cheating are discovered.
Risk Reminders:
1. Trading digital assets comes with high risks due to huge price fluctuations. Before trading, please have full understanding of all the risks in investing in digital assets and be prudent of your own decisions.
2. All information (including FastTrack related announcements) displayed on Huobi Global do not constitute investment advice. Huobi does not take responsibility for any resulting direct or indirect losses.
Huobi Global
July 31, 2019
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