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Huobi Global Will Launch WOO (Wootrade) And Start Series Of Listing WOO Activities

Updated

Dear Users,

Huobi Global will launch WOO (Wootrade) and start series of listing WOO activities (The WOO project team will provide 9,000,000 WOO——approximately 10% of the initial circulating tokens to support it). Please see details below:

  • Has now opened WOO deposits; [Deposit Now>>>]
  • Open WOO trading (WOO/USDT、WOO/BTC、WOO/ETH) at 10:00 on October 30th (GMT+8);
  • Open WOO withdrawals at 16:00 on October 30th (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 the opening price, and the normal trading will resume after that.

Please click to check: WOO (Wootrade) Introduction

Risk reminder: The market cap of newly listed token is small. Please check token Information and release schedule carefully, and ensure that you undertake sufficient risk assessment before trading. Huobi does not take responsibility for any resulting direct or indirect losses.

 

Campaign 1: Deposit WOO to win 500,000 WOO

Campaign period:

From the deposit time to 14:00, October 30th, 2020(UTC+8)

Rules:

1. On the first day (October 29th ,2020) of openning WOO deposits, users who deposit WOO (the time is subject to the credit time) can share 500,000 WOO 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 subaccount deposit volume will be credited to the parent account. Rewards will be sent to the user's account within one week after the end of the promotion.

3. Rewards will be sent to the user's account within one week after the end of this campaign.

Computation logic:

  • Net Deposit Proportion=Individual Net Deposit Volume/ Total Net Deposit Volume*100%
  • Gainable WOO=Net Deposit Proportion*500000

Campaign 2: HOLD WOO to share 2,500,000 WOO

Campaign period:

From 00:00, October 30th to 24:00, November 28th, 2020(UTC+8)

Rules:

1. During the campaign, users who hold certain amount of WOO can share the daily reward, 2,500,000 /30 days WOO，in proportion to individual's eligible holdings of WOO.

2. The eligible individual holdings on the day will be the average value of user's holdings of WOO snapshots taken randomly.

3. The subaccount deposit volume will be credited to the parent account. Take the day of taking snapshot as the first day (T+0), the reward will be distributed to your exchange account for the following 7 consecutive days(starts from the next day after your staking, T+1). Daily reward for individual is up to 1000 WOO for grabs.

Computation logic:

  • Position Ratio of the day= Individual Positions of the day/Total Positions of the day *100%
  • Gainable WOO= 83333.33*Position Ratio of the day

Campaign 3: Stake HT to mine 6,000,000 WOO

Campaign period:

From 10:30, October 30th, 2020 to 10:30, November 14th, 2020 (UTC+8)

Rules:

1. Users will share 6 million WOO according to the staked HT. The staking cycle is 15 days.

2. Take the day of completing the staking as the first day (T+0), the reward will be distributed to your exchange account for the following 30 consecutive days(starts from the next day after your staking, T+1).

Stake Token Staking Cycle Minimum Limit for Individuals Maximum Limit for Individuals Staking Cap In Total
HT 15 Days (early termination of the staking is not supported)  100 HT 20000 HT 10 Million HT

4. 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. (Sub-account cannot participate in this campaign).

(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
October 29, 2020

 

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