Huobi Global DeFi Liquidity Mining Campaign Phase II: Stake HT/ HPT to Share the Reward of Mining at 21:00, September 11 (GMT+8)

Dear Users,

Huobi Global will start the " DeFi Liquidity Mining Campaign Phase II: Stake HT/ HPT to Earn DeFi " at 21:00 (GMT+8) on September 11, 2020.

To respond to user's passion to this campaign, phase II will be set up 20 million USDT worth of blockchain assets for DeFi Liquidity Mining. Rewards (all income) generated from DeFi Liquidity Mining will be distributed to all qualified participants who stake HT/ HPT. Start staking HT/ HPT to share the reward every day. 

How to participate?

Visit Huobi Global official website, one-click the banner with " DeFi Liquidity Mining Campaign Phase II: Stake HT/ HPT to Earn DeFi "  to participate at 21:00 on September 11, 2020.

APP：Login Huobi APP, one-click the banner with " DeFi Liquidity Mining Campaign Phase II: Stake HT/ HPT to Earn DeFi "  to participate.

Rules:

Stake Token	Staking Cycle	Minimum Limit for Individuals	Maximum Limit for Individuals	Staking Cap In Total
HT	14 Days (early termination of the staking is not supported)	100 HT	5000 HT	3,500,000 HT
HPT		100,000 HPT	4 million HPT	600 million HPT

Projected Reward:

The reward will be certain amount of CRV that the token gained from mining. However, the actual reward may be affected by the market volatility.

Reward Distribution：

Take the day of completing the staking as the first day (T+0), the reward will be distributed T+1.

Revenue calculation period: from 12:00 (GMT+8) of the day before the start date to 12:00 (GMT+8) of the day. The reward will be distributed at 17:00 (GMT+8) on the day.

For example, user stakes HT at 21:00 on September 11, the revenue calculation period started from 12:00, September 11 to 12:00, September 12. And the reward will be distributed at 17:00 on September 12(GMT+8).

The status of the exchange account will be lock-up. The staking will be terminated automatically by the end day of the campaign.

Note:

1. Staked HT will count towards the computation of Prime, FastTrack HT Holding snapshots, but cannot be used for HT voting or order placement.
2. 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. 

Huobi Global                                                                                                                                          September 9, 2020