Announcement on the Continuation of “Monthly” Burn of HT
To further improve the transparency of HT burn, Huobi Global has adjusted the HT burn cycle from February 7th, 2020. (Announcement link: https://huobiglobal.zendesk.com/hc/en-us/articles/900000180623)
HT "Monthly" burn in the first quarter of 2020 received positive response and feedback from users. Hence, Huobi Global hereby announces that the cycle of HT burn in the second quarter of 2020 and thereafter will continue to be on a monthly basis and all details will be disclosed in the middle of each month.
For more information, please visit: https://www.huobi.me/en-us/ht-destroy/
Note: HT burn ratio allocation and approach will remain unchanged as detailed in previous Huobi Global announcements released.
May 9, 2020