Dear users,
As a community-driven exchange, Huobi values the opinions of our user base. In response to suggestions raised by our HT user community, Huobi Global has decided to make the following adjustments to the HT burn cycle:
(1) The HT burn cycle in the 1st quarter of 2020 will be adjusted from "quarterly" to "monthly". The first token burn in 2020 will be announced and completed approximately around February 15th.
(2) A separate announcement will be made with respect to the 2nd quarter HT burn cycle approximately around April 30th post feedback received from the broader community.
(3) HT burn ratio allocation and approach will remain unchanged as detailed in previous Huobi Global announcements released.
Huobi Global
February 7, 2020