Huobi Global will migrate LAMB from Huobi NEXT to Huobi MAIN board on July 30, 2019.
To celebrate the successful transition of LAMB as a Huobi MAIN board member, Lambda Project will offer a total of 3,160,000 LAMB for sale during this promotion. LAMB tokens will be sold to eligible HT holders below market price at 14:00:00 on July 30 (GMT+8). The trading pair is “LAMB/HT.”
Quantity and Price:
Quantity: 3,160,000 LAMB
1 LAMB = 0.09519 USDT = 0.020253 HT (@ 1 HT = 4.7 USDT)
Schedule of Event:
1) Trading Suspension of LAMB (USDT/BTC/ETH) trading pairs on Huobi NEXT: 11:00:00, July 30 2019 (GMT+8);
2) Order Placement: 14:00:00-14:05:00, July 30 2019 (GMT+8);
3) Clearance and Settlement: 14:05:00-14:10:00, July 30 2019 (GMT+8) ;
4) Trading Resumption of LAMB (USDT/BTC/ETH/HT) trading pairs on Huobi Main : 15:00:00, July 30 2019 (GMT+8).
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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 2.5 times higher than the closing price before trading suspension;
2. HT locked on Huobi Pool are included in the HT Holding computation for this event, but cannot be used for order placement. Withdrawal of HT locked under flexible extraction will arrive in the exchange balance after 2hrs, whilst withdrawals for other lock option periods will take approximately 24hrs.
3. Placing orders with API is not supported in the event.
4. No transaction fee will be charged during the event.
5. In the case of cheating or other violations, Huobi Global has the right to disqualify the participant from the event.
Huobi reserves the right of final interpretation for the event.
July 30, 2019