Dear Users,
Huobi Inno Hub will launch CRU and start “Deposit CRU to Share 50,000 USDT” and “Stake HT to Mine 150,000 CRU” on September 21, 2020 (GMT+8). The holding limit of a single project of each account is 50,000 USDT equivalents of tokens, and there is no holding limit for API trading, insiders and above (Huobi VIP). Please see details below:
- Has now opened CRU deposits;
- Open CRU trading (CRU/USDT、CRU/BTC、CRU/ETH) at 10:30 on September 21 (GMT+8);
- Open CRU withdrawals at 15:00 on September 22 (GMT+8).
- Opening precaution: Huobi Global will limit the listed price to limited order within 5 minutes after opening trading, and the price shall not be more than 5 times of the opening price, and the normal trading will resume after that.
Click to check: CRU Introduction & CRU Deposit Address & CRU Trading Address
Campaign 1【Deposit CRU to Share 50,000 USDT】
Campaign Time: from 09:30 September 21 (Deposit opens) to 15:00 September 22nd (Withdrawal opens)
Rules: Deposit projected tokens worth of 1000 USDT (minimum) to get 1% of your deposit in USDT as a reward (individual cap limit is 200 USDT).
Up to 50000 USDT to share, first come first serve.
Campaign 2【Stake HT to Mine 150,000 CRU】
Huobi Global will start the “Stake HT to Mine 150,000 CRU” campaign at 11:00 on September 21, 2020 (GMT+8). This campaign will release 150,000 CRU tokens to reward users who staking HT to participate mining for this time.
How to participate?
WEB: Visit Huobi Global official website and click the banner “Stake HT to Mine 150,000 CRU” to the landing page (it will be released at 11:00 on September 21, 2020).
APP: Login Huobi APP, one-click the banner with “Stake HT to Mine 150,000 CRU” to participate.
Rules:
| Stake Token |
Staking Cycle |
Minimum Limit for Individuals |
Maximum Limit for Individuals |
Staking Cap In Total |
| HT |
7 Days (early termination of the staking is not supported) |
100 HT |
20000 HT |
8 Million HT |
Projected Reward:
The reward will be certain amount of CRU that the token gained from mining. The amount of reward is subject to the actual HT amount in stake on that day. Daily gained CRU token: (Individual’s staked HT amount/ Total staked HT amount) * 150,000/7
Individual staked HT amount and total staked HT amount will be determined by snapshot at 24:00 (GMT+8) every night.
Reward Distribution:
Take the day of completing the staking as the first day (T+0), the reward will be distributed T+1.
The reward will be distributed to your exchange account after 12:00 (GMT+8) every day.
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. Deposits of Sub-account will be included in the parent account in Campaign 1.
2. Sub-account cannot participate in Campaign 2.
3. Staked HT will count towards the computation of Prime, FastTrack HT Holding snapshots, but cannot be used for HT voting or order placement.
4. Huobi Global reserves the right of final interpretation of the event. Cheating behavior will result in disqualification.
5. 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 21, 2020
You can deposit HT directly or buy HT with your local Fiat currency at Huobi OTC. Click to aCRUess>> https://c2c.huobi.com/en-us/trade/buy-usdt
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