Lock HT and ETH with Primepool to Get 2.25 Million DFA

Dear Valued Users,

Starting from Aug. 2, locking HT and ETH with Primepool can get you a share of 2,250,000 DFA, a new token to be listed on Huobi Global.

Event I. Flexible Locking on HT & ETH to Share 2,160,000 DFA

Click to lock: https://www.huobi.com/en-us/topic/defi-list/

Please Note:

  • A snapshot of each participant's locked HT and ETH, as well as their total amount locked, will be randomly taken every 24 hours for reward calculation (snapshots will be taken at any time between 8:00:00 on the current day and 07:59:59 on the next day);
  • The rewards will be sent in DFA, and the number of daily rewards is calculated based on the locked HT and ETH that day;
  • Individual Tiered Coefficient:

Reward Calculation:

Assume that Participant A locks HT from 12:00:00, Aug. 2 to 07:00:00, Aug. 5 (UTC). The locking period will undergo 3 snapshot cycles:

  • 08:00:00 Aug. 2 - 07:59:59 Aug. 3;
  • 08:00:00 Aug. 3 - 07:59:59 Aug. 4;
  • 08:00:00 Aug. 4 - 07:59:59 Aug. 5;

If both of the first and the third snapshots are missed, Participant A will receive (Snapshot amount of the user’s locked HT * Tiered coefficient) / (Snapshot amount of locked HT * Tiered coefficient) of all participants * 250,000 DFA;

For Example:

On the first day of the event, only User A and User B participated. User A locked in 4,000 HT while User B 6,000 HT. In this case, the reward User A should receive on the first day is: 4,000*1/{4,000*1+(5,000*1+(6,000-5,000)*0.8)}*250,000 DFA

Reward Distribution:

  • The rewards for Round I will be distributed by 12:00:00, Aug. 5 (UTC);
  • The rewards for Round II will be distributed in T+2 after the locking day;
  • After the event ends, all assets locked will be returned to the users’ exchange accounts automatically;
  • Before DFA trading begins, the rate of return will show as 0 because pricing is not applicable;
  • During the event, assets locked as part of this campaign will not affect the snapshots taken for rewards from other activities and campaigns.

Event II. Lucky Draw: Lock HT & ETH to Share 90,000 DFA

Users who are qualified to get new tokens in Event I with a minimum locking amount of 10 HT or 0.1 ETH can also stand a chance to win a share of 90,000 DFA!

Reward Distribution:

  • The winners will be selected based on the rules of the Lotto Winners Lucky Draw(The match between User IDs and the block ID of the Ethereum main net).
  • The lucky winner list will be announced via our official announcement on Aug. 6 and Aug. 10.
  • The rewards will be distributed to the users’ Exchange accounts within 7 working days after the event ends.

Please Note:

Event II is only available for KYC-verified parent accounts.

Terms & Conditions

  • Due to local compliance policies, users from the following countries or regions will not be permitted to participate in the event: Japan, Cuba, Iran, Mainland China, Hong Kong (China), Macau (China), North Korea, Sudan, Syria, the United States and its overseas territories (American Samoa, Guam, Northern Mariana Islands, Puerto Rico, and the United States Virgin Islands), Canada, and Singapore.
  • Users are required to complete ID verification to start participating in Primepool.
  • Huobi reserves the right to decide on the final outcome of the campaign as well as to disqualify participants who display any fraudulent behavior.

Huobi Global

July 30, 2021

 

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Huobi Global reserves the right in its sole discretion to amend, revise or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi Global makes no recommendations or guarantees in respect of any digital asset, product, or promotion on Huobi Global. Prices of digital assets are highly volatile and trading digital assets are risky. Please read our Risk Reminder text here.