PrimeEarn High-Yield Tuesday: Deposit to enjoy 40% APY for USDT
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Dear Valued Users,
Every Tuesday (11:00 UTC), Huobi Global will host the "PrimeEarn High-Yield Tuesday" deposit event. Compared with the previous event, users not only can get boosted APY by depositing assets in PrimeEarn but can also invite VIP users from other exchanges to team up and grab highest USDT/ETH APY in the market. We sincerely invite you to participate in this event to get up to four times of APY for USDT and ETH!
Launch time: 11:00 (UTC) on Apr 12, 2022
Participating products
| Token |
APY |
Deposit Period |
Remark |
| USDT |
10% |
14 days (Early redemption is not allowed） |
No APY Tier Rate |
| ETH |
5% |
||
| BTC |
5% |
||
| UST |
20% |
Event 1: APY boost for exclusive new assets · 20% APY for USDT
Users who deposit assets into their Huobi account, and make another deposit on PrimeEarn with a certain amount, can enjoy boosted APY for new assets!
● For depositing asset into Huobi account: User’s assets above the daily average amount on Huobi Global in the past 30 days before this announcement will be eligible to enjoy boosted APY.
| How to boost APY |
Token |
APY increase |
APY after the boost |
| Cumulative deposit amount of any token in PrimeEarn≥100,000USDT |
USDT |
+5% |
15% |
| ETH |
10% |
||
| Cumulative deposit amount of any token in PrimeEarn≥300,000USDT |
USDT |
+10% |
20% |
| ETH |
15% |
● Examples of assets eligible for boosting APY:
○ Fully deposit of eligible assets: In the past 30 days before this announcement, the average amount of User A’s assets on Huobi Global was 100,000 USDT, and A deposited 500,000 USDT during deposit period. After PrimeEarn starts to deposit, User A successfully deposited 600,000 USDT. The average amount of assets which is 100,000 USDT can enjoy the original 10% APY of the event, and 500,000 USDT which was deposited during deposit period, can enjoy the boosted 20% AP. After the lock-up is over, the interest that user A can get will be 100,000*10%*14/365 + 500,000*20%*14/365 = 4,219 USDT.
○ Partial deposit of eligible assets: In the past 30 days before this announcement, the average amount of User B’s assets on Huobi Global was 100,000 USDT, and B deposited 500,000 USDT during deposit period. After PrimeEarn starts to deposit, User B successfully deposited 200,000 USDT, which does not exceed the 500,000 USDT. So 200,000 USDT purchased by the user can enjoy 15% of the boosted APY. After the lock-up is over, the interest that user B can get will be 200,000*15%*14/365 = 1150 USDT.
Event 2: Invite VIP users from any exchange to team up and grab 40% APY for USDT！
Users who team up to participate in this event will be ranked based on the total deposits of each team. Each team must have at least one VIP user from other exchanges, and each team member in top 3 teams can win a higher APY! Click to join the group & invite other VIP users (from other exchange)
| Team ranking |
Token |
APY increase |
APY after the boost |
| Top 1 |
USDT |
+30% |
40% |
| ETH |
35% |
||
| Top 2 |
USDT |
+20% |
30% |
| ETH |
25% |
||
| Top 3 |
USDT |
+15% |
25% |
| ETH |
20% |
Please note
● The total deposit pool for this event is capped at 108 million USDT, with deposits accepted on a first-come, first-served basis. The event will end when the deposit cap is reached.
● BTC and UST are not eligible for the interest rate boost reward, but will be counted as part of the accumulated deposit amount of the event.
● The tokens that are eligible for boosted APY are USDT and ETH.
● For "Event 1", the amount eligible for the boosted APY is capped at 1 million USDT, and the price will be calculated according to the market price at 16:00 (UTC) on April 12.
● How to participate in Event 2: Click to join the group & invite other VIP users (of any exchange)
● Deadline for “Event 2” team up: April 12 at 8:00 (UTC), which is 3 hours before the PrimeEarn product launches.
● Huobi Global will announce the leaders’ UIDs of the top three ranking teams after the cap is reached, and each team member of the top three teams will receive boosted APY rewards. Please pay close attention to the results announcement.
● When a user participates in "Event 1" and "Event 2" at the same time, we will give the highest boosted interest rate reward, and the boosted rate reward cannot be superimposed
● Boosted interests and original earnings will be credited to your Huobi Earn account after the lock-up period ends. The boosted APY will not be reflected in the PrimeEarn product.
"PrimeEarn High-Yield Tuesday": Don’t miss out on the highest APYs in the mainstream token market!
How to Participate:
● Website: Log in to Huobi Global, and find Huobi Earn under Finance on the navigation menu
Click here: https://www.huobi.com/en-us/financial/earn
● App: Tap Huobi Earn on the homepage
Click here: https://www.huobi.com/en-us/financial/earn/h5
Huobi Global
April 10, 2022
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Huobi Global reserves the right in its sole discretion to amend or change 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 involves risk. Please read our Risk Reminder text here.
