Event 1Enjoy a 30% annual return
During the event, users with a net deposit (deposits - withdrawals) over 100 TRC20–USDT on Huobi Global are entitled to a 30% annual return.
Event 2Take a share of 320,000 USDT
During the event, users with a net deposit (deposits - withdrawals) over 100 TRC20–USDT on Huobi Global will be included in the net deposit ranking and are eligible to split up 320,000 TRC20–USDT based on their ranking. (Winner 100,000 USDT/Runner-up 60,000 USDT/3rd place 40,000 USDT/4th place 20,000 USDT/5th place 10,000 USDT/6-20 evenly split 90,000 USDT)
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TRC20–USDT Net Deposit Rankings
Data update: - - (updated hourly)
Data update: starting from 2019.10.22 00:00 with an update every hour
NetDeposit (TRC20-USDT)
Terms & Conditions:
1、Users can participate in both promotions simultaneously;
2、Promotion Period: 0:00 22nd October to 0:00 1st November 2019 (GMT+8)
3、Users can monitor their TRC20-USDT net deposit position, ranking position and cumulative interest earned starting 22nd October. Nevertheless, whiltst the aforementioned data is scheduled to be updated on an hourly basis, there could be latency delay.
4、Net Deposit = Deposit minus Withdrawal, where scope definition of Deposit = TRC20-USDT, scope definition of Withdrawal = all 3 USDT chains including ERC20, OMNI, TRC20, with no impact on trading.
5、Computation logic: Hourly interest = Min (Net Deposit USDT holding balance) * 30% Annual Interest Rate / 365 days / 24 hours;
For example:If User A deposits 10,000 TRC20-USDT on 23rd October, with no USDT withdrawal or trade, this translates to interest computation based on a 10,000 USDT holding balance.If User sells 8,000 USDT on 24th October, interest computation from 24th October onwards will be based on a remaining 2,000 USDT holding balance.Whilst holding balance impacts interest computation, net deposit rankings will not be impacted.
6、Parent and child accounts are deeded as a single account under this promotion.
7、Reward distribution: rewards will be distributed 2 weeks after promotion ends. Reward recipients can check their account balance transaction history for distribution records accordingly.
8、The rules and regulations of the promotion shall be subject to Huobi’s final interpretative decision and we reserve the rights to disqualify any person who is known or suspected to be cheating or violating any rules and regulations set by Huobi.