Huobi Global Will Launch SKL, Win SKL By Joining Activities

Dear users,

Huobi Global will launch SKL (SKALE) in Inno Hub on November 30, 2020 and start series of listing SKL activities. The holding limit of a single project of each account is 50,000 USDT equivalents of tokens, and there is no holding limit for API trading, insiders and above (Huobi VIP). Please see details below:

  • Has now opened SKL deposits; (Note: The SKALE network will enable SKL transfers from 08:00 on December 1st, 2020 (UTC+8)).[Deposit Now >>>]
  • Open SKL trading (SKL/USDT、SKL/BTC、SKL/ETH) on December 1st (UTC+8) when deposits meet the market demand;
  • Open SKL withdrawals at15:00on December 2nd (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 of the opening price, and the normal trading will resume after that.

Click here to check: SKL (SKALE) Introduction

Risk reminder:Trading in digital assets comes with high risks due to huge price fluctuations (especially newly listed assets). Before trading SKL, please have a full understanding of all the risks and be prudent of your own decisions.

 

Campaign 1: Deposit SKL to share 600,000 SKL

Promotion period:

From 08:00 AM, December 1st to 08:00 AM, December 7th, 2020 (UTC+8)

Rules:

1. During the promotion, users who deposit the first 10 Million SKL (the time is subject to the credit time) will be rewarded with 300,000 SKL. (Get 3% of the deposit volume)

Other users can divide 300,000 SKL according to the net deposit volume (SKL net deposit volume = SKL deposit volume - SKL withdrawal volume) during the promotion period.

2.The first 10 Million SKL will be counted in the net deposit, which means that users who deposit the first 10 Million SKL can also be rewarded as long as the net deposit volume is positive.

3. The subaccount deposit volume will be credited to the parent account. Rewards will be sent to the user's account within one week after the end of the promotion.

* Transactions between Huobi account will not be verified as eligible deposit.

Computation logic:

  • Net Deposit Proportion=Individual Net Deposit Volume/ Total Net Deposit Volume*100%
  • Gainable SKL=Net Deposit Proportion * 300,000 SKL

Campaign 2: HOLD SKL to share 100,000 USDT equivalent SKL tokens

Campaign period:

From 08:00 AM, December 7th to 08:00 AM, December 17th, 2020 (UTC+8)

Rules:

1. During the campaign, users who hold certain amount of SKL can share the daily reward (10,000 USDT equivalent SKL tokens), in proportion to individual's eligible holdings of SKL.

2. The eligible individual holdings on the day will be the average value of user's holdings of SKL snapshots taken randomly.

3. The subaccount deposit volume will be credited to the parent account. Take the day of taking snapshot as the first day (T+0), the reward will be distributed to your exchange account on the next day (T+1).

Computation logic:

  • Position Ratio of the day= Individual Positions of the day/Total Positions of the day *100%
  • Gainable SKL= Position Ratio of the day * 10,000 USDT equivalent SKL tokens

Huobi Global
November 30, 2020