Dear users,
Huobi Global will soon launch a staking activity for O3 (O3Swap) on May 13th. Stake HT and O3 to share a 300,000 O3 prize pool!
Rules:
1. Stake HT to Earn 250,000 O3
Click to stake: https://www.huobi.com/en-us/topic/defi-list/
2. Stake O3 to Earn 50,000 O3
Click to stake: https://www.huobi.com/en-us/topic/defi-list/
3. The snapshot of users' staking amount and total staking amount will be randomly taken every 24 hours since the start of the activity to calculate rewards.
4. The daily rewards in O3 will vary based on the staking amount of HT and O3 on the day.
5. Individual Staking Limit：
6. Reward Calculation:
For example:
User A stakes HT from 14/05/2021 at 12:00:00 to 17/05/2021 at 06:00:00 (UTC). The snapshot will be taken three times during the lock-up period:
- 07:00:00 on May 14th - 06:59:59 on May 15th (first snapshot）
- 07:00:00 on May 15th - 06:59:59 on May 16th（second snapshot）
- 07:00:00 on May 16th - 06:59:59 on May 17th（third snapshot）
Let's assume that the HT tokens staked by User A are only snapshotted by the second one, then the rewards = (User A's HT staking amount at the snapshot time/total HT staking amount at the snapshot time)*50,000
Note:
1. Rewards will be credited to users' exchange account within 7 working days after the activity ends.
2. HT staked will be automatically sent to users' Exchange accounts after the activity ends.
3. During the activity, the locked HT will be included in the snapshot.
4. The staking rewards will be displayed as zero before opening O3 trading.
Risk Reminder:
1. Trading in newly-listed digital assets comes with higher risks due to huge price fluctuations. Before trading, please have a full understanding of all the risks and be prudent of your own decisions.
2. 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
May 13th, 2021
Trade on the go with Huobi Global’s mobile crypto trading app
Click here to download for iOS or Android
Find us on
Twitter：https://twitter.com/HuobiGlobal
Facebook：https://www.facebook.com/huobiglobalofficial/
Instagram：https://www.instagram.com/huobiglobalofficial/
Reddit：https://www.reddit.com/r/HuobiGlobal/
Medium：https://huobiglobal.medium.com/
Telegram：https://t.me/huobiglobalofficial
Huobi Global reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.