Since the IOST Mainnet has been launched, IOST project team sponsors 20 million IOST for this campaign to express appreciation to their support - "Lock & Win 20M IOST Plus 4 Benefits!", from 17:00 March 4 to 17:00 on March 10, 2019 (GMT+8). Users can save at Huobi Global and lock ≥ 10,000 IOST at Huobi Pool to win the following four benefits:
1. Share 20 million IOST.
2. “Saving is mining" – gain HPT income.
3. IOST voting income.
4. Gain airdrops of EOS, TRX, CMT, and ONG.
No.1 Benefit: Lock at Huobi Pool & share 20 million IOST.
From 17:00 March 4 and 17:00 on March 10, 2019 (GMT+8), verified users can choose any locking plan (demand locking or locking periods of 7, 30, 60, 90 days) to lock ≥ 10,000 IOST at Huobi Pool and share the 20 million IOST awards.
Award 1: During the campaign, verified users who choose any locking plan to lock the IOST at Huobi Pool will receive a 3% reward of IOST locking amount, and share the 15 million IOST while supplies last.
Award 2: During the campaign, verified users who choose any locking plan to lock the IOST at Huobi Pool (those who don’t receive Award 1) will share the 5 million IOST awards according to the rate of their IOST locking amount and all users’ IOST locking amount.
No.2 Benefit: “Saving is mining" – gain HPT income.
From 17:00 on March 4 (GMT+8), users who choose any locking plan to lock ≥ 10,000 IOST at Huobi Pool will receive HPT (T + 1) income every day. The more and longer you lock, the more HPT income you will get. The formula of "Saving is mining" is as follows:
For specific calculation rules, please refer to the "Huobi Pool Token Model"(https://huobi-pool-service.s3-ap-northeast-1.amazonaws.com/prd/hpt/doc/HuobipoolTokenWhitepaperZH.pdf).
No.3 Benefit: Lock at Huobi Pool & Win IOST voting income
From March 10 (GMT+8), users who lock ≥ 10,000 IOST at Huobi Pool will receive the voting income on the IOST chain. Huobi Pool will execute the voting right on behalf of the users. Once the voting is successful, users will receive（T+1）income on the IOST main chain every day. The calculation rules are the follows:
The number of votes from an individual user =locking amount of IOST / the amount of votes = 1/1.
Distributable amount of IOST is the income of all Huobi Pool users voting on the IOST main chain.
As for the Voting Rights, Please refer to: https://developers.iost.io/docs/en/2-intro-of-iost/Vote.html
No.4 Benefit: HPT holders gain airdrops of EOS, TRX, CMT and ONG.
According to the “Huobi Pool Token Model”, users with more than 1,000 HPT at Huobi will receive（T+1）income of EOS, TRX, CMT and ONG every day. The calculation rules are as follows:
Daily Distributive Amount is the 51% of net revenue from Huobi Pool nodes
Enjoy 4 benefits by clicking here: https://www.huobipool.com/site/iost/index.html?lang=en
Click here to deposit BTT: https://www.huobi.co/en-us/finance/
1. If you lock IOST from 17:00 March 4, to 17:00 March 10, 2019 (GMT+8), the unlocking will be done in 3 days. If you lock IOST after 17:00 March 10, the unlocking will be done in 9 days.
2. The awards will be distributed in 10 working days after the end of the No.1 campaign (lower than 0.0001 IOST will not be distributed). “T+1” will be calculated in the following process: 1). Lock on the first day (voting). 2). The settlement is carried out on the second day. 3). Income is distributed on the third day.
3. Huobi Global reserves all the rights of final interpretation. Huobi Global has the right to cancel the awards if any actions involving cheating, scalping or bucketing are detected.
4. Risk reminder: investing in digital assets comes with high risks due to huge price fluctuations. Before investing, please have a full understanding of all the risks of investing in digital assets and be prudent of your own investment decisions.
March 4, 2019