Dear HTX User,

HTX will launch the fourth round of PrimePool on May 24, 2023, where participants stand to share awesome rewards by locking their HT or USDD.

Project Introduction:

Access Protocol (ACS) is a standardized media monetization ecosystems that incentivizes users to consume content over time. Existing partners monetizing with Access include CoinGecko, The Block, CryptoSlate, Crypto-Times, DeSpread and more.

Event Period:

PrimePool (HT): 12:00 on May 24, 2023 - 12:00 on May 31, 2023 (UTC) Go Now>>

PrimePool (USDD): 12:00 on May 31, 2023 - 12:00 on June 7, 2023 (UTC) Go Now>>

Event Rules:

Token	7-day Mining Reward	Minimum Lock Limit	Maximum Lock Limit	Term
HT	36,131,354 ACS	100 HT	No maximum limit	Flexible
USDD	36,131,354 ACS	300 USDD	No maximum limit	Flexible

• Snapshots of your locked assets and the total locked assets of all participants will be taken once every hour to calculate the mining rewards. The rewards will be sent to your spot account right after the calculation.
• You will get the previous hour's reward in the next hour after locking your HT for an hour. If you unlock your HT prematurely during the event, you will not be able to receive any rewards for the hour when the HT is unlocked.

*Here are two illustrations for your reference:

• If user A locks HT at 9:01, the user will only start receiving the rewards at 11:00 the same day. This is because the user's lock term is less than 1 hour when rewards are settled at 10:00.
• If user B locks HT at 9:00 and unlocks it at 9:59, the user will receive no rewards. This is because the user has locked the token for less than an hour when rewards are settled at 10:00.

Rewards:

• The rewards for the event are in ACS token. The amount of the hourly reward you receive is subject to the actual amount of HT or USDD you locked for an hour.
• Tier factors for calculating users' effective locked amount

HT Lock Amount	Tier Factor	Calculation of Effective Locked Amount
100 ≤ HT ≤ 5,000	1	Effective locked amount is 4,000 HT if you lock 4,000 HT
5,000 < HT≤ 10,000	0.9	Effective locked amount is 5,900 HT if you lock 6,000 HT
10,000 < HT ≤ 20,000	0.7	Effective locked amount is 10,200 HT if you lock 11,000 HT
20,000 < HT ≤ 50,000	0.5	Effective locked amount is 17,000 HT if you lock 21,000 HT
50,000 < HT≤ 100,000	0.3	Effective locked amount is 31,800 HT if you lock 51,000 HT
HT>100,000	0.2	Effective locked amount is 46,700 HT if you lock 101,000 HT

USDD Lock Amount	Tier Factor	Calculation of Effective Locked Amount
300 ≤ USDD ≤ 15,000	1	Effective locked amount is 14,000 USDD if you lock 14,000 USDD
15,000 < USDD ≤ 30,000	0.9	Effective locked amount is 15,900 USDD if you lock 16,000 USDD
30,000 < USDD ≤ 60,000	0.7	Effective locked amount is 29,200 USDD if you lock 31,000 USDD
60,000 < USDD ≤ 150,000	0.5	Effective locked amount is 50,000 USDD if you lock 61,000 USDD
150,000 < USDD ≤ 300,000	0.3	Effective locked amount is 94,800 USDD if you lock 151,000 USDD
USDD > 300,000	0.2	Effective locked amount is 139,700 USDD if you lock 301,000 USDD

Reward calculation:

• If you mine with HT only, your hourly mining reward = your effective locked amount of HT / total effective locked amount of HT of all participants *（36,131,354/7/24) ACS.
• If you mine with USDD only, your hourly mining reward = your effective locked amount of USDD / total effective locked amount of USDD of all participants * （36,131,354/7/24) ACS.

Example:

User A and user B join the event in the first hour after it starts. User A locks 4,000 HT and user B locks 6,000 HT. The reward that user A will receive for the first hour is: 4,000*1/{4,000*1 + (5,000*1+(6,000-5,000) *0.9) ) *（36,131,354/7/24) ACS.

Terms ＆ Conditions:

● Participants are required to complete L1 KYC verification.

● HTX reserves the right to final decision on all aspects of the event and has the right to disqualify any participants who are found to be involved in any cheating behaviors.

 

HTX
May 22, 2023

 

 

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HTX 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 HTX makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on HTX. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.