Dear Users,
Huobi Global will launch OXT (Orchid) on December 21st, 2020 and start series of listing OXT activities. Please see details below:
- Open OXT deposits at 10:00 on December 21st (UTC+8); 【Deposit Now>>>】
- Open OXT trading (OXT/USDT、OXT/BTC、OXT/ETH) at 16:00 on December 21st (UTC+8);
- Open OXT withdrawals at 10:00 on December 22nd (UTC+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 the opening price, and the normal trading will resume after that.
Click here to check: OXT (Orchid) Introduction
Campaign I. Deposit OXT to share 190,000 OXT
Campaign Period: From 10:00, December 21st to 10:00, December 28th, 2020 (UTC+8)
Rules:
1. During the following 7 days (starts from December 21st ,2020) of opening OXT deposits, users who deposit OXT (the time is subject to the credit time) can share 190,000 OXT according to the net deposit volume (net deposit volume = deposit volume - withdrawal volume).
* Transactions between Huobi account will not be verified as eligible deposit. Negative net deposit amount will not be verified as eligible deposit.
2. The sub-account deposit amount and withdrawal amount will be credited to the parent account.
3. Rewards will be sent to the user's exchange account within 7 days after the end of the promotion.
Computation logic:
- Net Deposit Proportion = Individual Net Deposit Volume / Total Net Deposit Volume*100%
- Gainable OXT = Net Deposit Proportion * 190,000
Campaign II: Stake HT to mine 380,000 OXT
Campaign period: From 16:30, December 21st, 2020 to 16:30, December 28th, 2020 (UTC+8)
Rules:
1. Users will share 380,000 OXT according to the staked HT. The staking cycle is 7 days.
2. Take the day of completing the staking as the first day (T+0), the reward will be distributed to your exchange account in the following 7 days after the end of the staking cycle.
3. See details below:
Stake Token |
Staking Cycle |
Minimum Limit for Individuals |
Maximum Limit for Individuals |
Staking Cap In Total |
Estimated APY |
HT |
7 Days (early termination of the staking is not supported) |
100 HT |
20000 HT |
3,000,000 HT |
42.71% |
4. Staked HT will count towards the computation of Prime, FastTrack HT Holding snapshots, but cannot be used for HT voting or order placement. (Sub-account cannot participate in this campaign).
Campaign III: Stake OXT to mine 100,000 OXT
Campaign period: From 16:30, December 28th, 2020 to 16:30, January 4th, 2021 (UTC+8)
Rules:
1. Users will share 100,000 OXT according to the staked OXT. The staking cycle is 7 days.
2. Take the day of completing the staking as the first day (T+0), the reward will be distributed to your exchange account in the following 7 days after the end of the staking cycle.
3. See details below:
Stake Token |
Staking Cycle |
Minimum Limit for Individuals |
Maximum Limit for Individuals |
Staking Cap In Total |
Estimated APY |
OXT |
7 Days (early termination of the staking is not supported) |
100 OXT |
200,000 OXT |
15 Million OXT |
132.1%
|
Notes:
- Trading in digital assets comes with high risks due to huge price fluctuations. Before trading, please have a full understanding of all the risks and be prudent of your own decisions.
- Huobi Global’s announcement and other information are not considered 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
December 21st, 2020
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