Dear Users,
Huobi Global will start the “Staking HT/ HPT to Share the Reward of DeFi Liquidity Mining” campaign at 16:00 (GMT+8) on 7th September, 2020.
Huobi Global will kick off with 5,000,000 USDT worth of blockchain assets for DeFi Liquidity Mining, and more rounds will be held after with a total 10 million USDT worth of blockchain assets projected. Rewards (all income) generated from DeFi Liquidity Mining will be distributed to all qualified participants who stake HT/ HPT. Staking HT/ HPT to share the reward now. Please read further details below:
How to participate?
Visit Huobi Global official website and check the link of the landing page released later.
APP：Login Huobi APP, one-click the banner with "Staking HT To Share The Reward" or "Staking HT To Share The Reward" to participate.
Rules:
| Stake Token | Staking Cycle | Minimum Limit for Individuals | Maximum Limit for Individuals | Staking Cap In Total |
| HT | 14 Days (early termination of the staking is not supported) | 100 HT | 5000 HT | 800,000 HT |
| HPT | 100,000 HPT | 4 million HPT | 80 million HPT |
Projected Reward:
The reward will be certain amount of CRV that the token gained from mining. However, the actual reward may be affected by the market volatility.
Reward Distribution：
Take the day of completing the staking as the first day (T+0), the reward will be distributed T+1.
Revenue calculation period: from 12:00 (GMT+8) of the day before the start date to 12:00 (GMT+8) of the day. The reward will be distributed at 17:00 (GMT+8) on the day.
For example, user stakes HT at 12:00 on 7th September, the revenue calculation period started from 12:00, 7th September to 12:00, 8th September. And the reward will be distributed at 17:00 on 8th September (GMT+8).
Note:
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