Dear Users,
Huobi Global will launch KAVA (Kava) on November 17th and start series of listing KAVA activities. Please see details below:
- Open KAVA deposits at 15:00 on November 17th (UTC+8); [Deposit Now>>>]
- Open KAVA trading (KAVA/USDT、KAVA/BTC、KAVA/ETH) at 11:00 on November 18th (UTC+8);
- Open KAVA withdrawals at 15:00 on November 19th (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: KAVA Introduction
Campaign I. Deposit KAVA to share 28,000 KAVA
Campaign Period: From 15:00, November 17, 2020 to 15:00, November 24, 2020 (UTC+8)
Rules:
1. During the following 7 days (starts from November 17th ,2020) of opening KAVA deposits, users who deposit KAVA (the time is subject to the credit time) can share 28,000 KAVA 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 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 KAVA=Net Deposit Proportion*28000
Campaign II. Stake KAVA to share 55,000 KAVA
Campaign Period: From 11:00, November 18, 2020 to 11:00, November 30, 2020 (UTC+8)
Rules:
1. During this campaign period, users who stake KAVA will share 55,000 KAVA. The staking cycle is 12 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 |
| KAVA |
12 Days (early termination of the staking is not supported) |
100 KAVA |
100,000 KAVA |
4 Million KAVA |
Campaign III. Trade KAVA to win 55,000 KAVA
Campaign Period：
From 20:00, November 18, 2020 to 20:00, November 25, 2020 (UTC+8)
Rules:
During this campaign, top 10 users who conduct KAVA spot trading with the largest volume can win or share up to 40,000 KAVA. The top 10 users can compete for rankings based on their trading volume（Buying + Selling volume without executed volume by your ownself) to win different rewards.
| Rank |
Reward |
| No.1 |
10000 KAVA |
| No.2 |
8000 KAVA |
| No.3 |
5000 KAVA |
| No.4 to No.10 |
share 17000 KAVA |
2. Other users who trade minimum 500 USDT worth of KAVA during this campaign can share 15,000 KAVA.
*Real name authentication is required.
3. The subaccount trading volume will be credited to the parent account. Rewards will be sent to the user's exchange account within 7 days after the end of the promotion.
Computation logic:
- Gainable KAVA= Individual Trading Volume / Trading Volume of users ranked in the same range* Reward amount for the specific rank
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
November 17, 2020
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