Huobi Global will start the “Staking HT to Share the Reward of DeFi Liquidity Mining” campaign soon. Huobi will will kick off Phase I of this campaign with providing 10 million USDT worth of blockchain assetsand (total 50 million USDT worth of blockchain assets projected) for DeFi Liquidity Mining. Rewards generated from DeFi Liquidity Mining will be distributed to all participants who holding HT or HPT. Please read further details below:
1、Campaign Time: Open time and the rules for the campaign will be announced later. Please stay stunned.
2、Staking Cycle: 30 days. The staking will be terminated automatically when it is expired. Early redemption will not be supported in this campaign.
3、Staking Limits: minimum 100 HT or minimum 100,000 HPT
4、Reward Distribution: Take the day of completing the staking as the first day (T+0), the reward will be distributed T+1.
1. This is the phase 1 of “ Staking HT to Share DeFi Liquidity Mining Reward” campaign. More phases will be expected depending on the response from participants and users.
2. The staked HT will count towards the computation of Prime, FastTrack HT Holding 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.
September 2, 2020