Huobi Global marks return of Primepool with 400,000 USDD Grand Prize for HT holders
News Direct
Oct 28, 2022
–News Direct–
Huobi Global, one of the world’s leading virtual asset exchanges, has announced the return of its popular Primepool with a grand prize of 400,000 USDD.
Primepool is a digital asset mining platform that offers users an easy and convenient way to participate in the ecological development of newly-listed projects on Huobi Global. First announced in July 2021, Primepool offers users a low barrier to entry for premium projects which were previously inaccessible to many retail traders.
The next Primepool event will take place on October 30, 2022. Users will be able to lock their Huobi Tokens (HT) for a chance to win from a 400,000 USDD prize pool, starting from 100 HT with no cap and a flexible term. To calculate the rewards, Huobi Global will take a snapshot of each participant's locked HT and the total HT locked by all participants once every hour. Rewards will be reflected in users’ Spot account automatically.
Participants who lock their HT for an hour will receive rewards in the following hour. Those who unlock their HT prematurely during the event will not receive any rewards for the hour when the HT is unlocked.
His Excellency Justin Sun, Huobi’s global advisory board member and Ambassador Extraordinary and Plenipotentiary, Permanent Representative of Grenada to the WTO, said: “Huobi’s Primepool has drawn considerable participation and engagement from the community for past events, due to the many rewards users enjoy for staking their assets. Our latest event continues this format by offering users an easy and flexible way to participate. It also gives Huobi another platform to empower HT, as holders can receive attractive rewards just by staking their assets.”
Huobi Global’s Primepool and its other community initiative, Primelist, have drawn significant interest to Huobi Global's listings of new projects. While it is common for other virtual asset exchanges to offer similar programs for their users to enjoy rewards and create income streams, Huobi Global has consistently provided some of the highest APY returns for its users.
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About Huobi Global
Founded in 2013, Huobi Global is one of the largest virtual asset exchanges in the world. Huobi Global serves millions of users across international markets. Since its establishment, Huobi Global has committed to providing first class virtual asset investment services. Huobi Global's robust infrastructure, product innovation and capital strength provides a truly customer-centric and secure trading environment to help our international users to achieve their investment objectives. Please refer to Huobi’s official website for more information: www.huobi.com
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