Dear Huobi Users,
With the return of PrimePool, Huobi will be launching a special event for HT on Jan 18, 2022. Join now to experience the upgraded PrimePool and win grand rewards!
Event period:
12:00 (UTC) on January 18, 2022 - 12:00 (UTC) on January 25, 2022
Event rules:
| Token |
7-day Mining Reward |
Minimum Lock Limit |
Maximum Lock Limit |
Term |
| HT |
1,208,898 KRRX (Kyrrex) |
100 HT |
No maximum limit |
Flexible |
*Here are two illustrations for your reference:
-
If user A locks HT at 9:01, the user will only start receiving the rewards at 11:00. This is because the user's lock term is less than 1 hour when rewards are settled at 10:00.
-
If user B locks HT at 9:00 and unlocks it at 9:59, the user will receive no rewards. This is because the user has locked the token for less than an hour when rewards are settled at 10:00.
| HT Lock Amount |
Tier Factor |
Calculation of Effective Locked Amount |
| 100 ≤ HT ≤ 5,000 |
1 |
Effective locked amount is 4,000 HT if you lock 4,000 HT |
| 5,000 < HT≤ 10,000 |
0.9 |
Effective locked amount is 5,900 HT if you lock 6,000 HT |
| 10,000 < HT ≤ 20,000 |
0.7 |
Effective locked amount is 10,200 HT if you lock 11,000 HT |
| 20,000 < HT ≤ 50,000 |
0.5 |
Effective locked amount is 17,000 HT if you lock 21,000 HT |
| 50,000 < HT≤ 100,000 |
0.3 |
Effective locked amount is 31,800 HT if you lock 51,000 HT |
| HT>100,000 |
0.2 |
Effective locked amount is 46,700 HT if you lock 101,000 HT |
Your hourly mining reward = Effective locked amount / Total effective locked amount of all participants * (1,208,898/7/24) KRRX
Here's an example: User A and user B join the event in the first hour after it starts. User A locks 4,000 HT and user B locks 6,000 HT. The reward that user A will receive for the first hour is:
4,000 * 1 / {4,000 * 1 + (5,000 * 1 + (6,000 - 5,000) * 0.9)} * (1,208,898/7/24) KRRX
Terms & Conditions
-
Users must complete KYC-L1 verification and use their main accounts to be eligible for this event.
-
The HT assets locked by a user over the period will be snapshotted as the user's holdings.
-
Huobi reserves the right to final interpretation of this event. In case of cheating, Huobi reserves the right to disqualify the users involved and forfeit their rewards.
-
The content above is for information purposes only. Huobi makes no recommendations or guarantees in respect of any virtual assets, products, or promotions on Huobi.
Risk Reminder: Trading virtual assets and virtual asset derivatives come with high risks due to significant price volatility.Please fully understand all the risks and make prudent decisions before trading. For more details, please read the Risk Reminder.Huobi will not be responsible for your trading losses.
Huobi
January 17, 2023
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Huobi 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. The above is for information purposes only and Huobi makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on Huobi. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.