Introducing VIRTUAL, AVA, MOODENGETH and KIMA on HTX Launchpool on Jan 8! Stake $HTX to Share VIRTUAL, AVA, MOODENGETH and KIMA token rewards
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Dear HTX Users,
HTX Launchpool allows participants to get double rewards from HTX Earn and Launchpool with your $HTX staked. Users can get rewards through locking $HTX from your Spot accounts or deposit $HTX into your flexible earn account. The new Launchpool airdrop projects will be VIRTUAL, AVA, MOODENGETH and KIMA, which would be included in the HTX Launchpool on January 8, 2025 (UTC). By staking $HTX in Launchpool, you are eligible to share the rewards.
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Event Period:
Warm-up Period: 09:00 (UTC) on Jan 7, 2025 – 09:00 (UTC) on Jan 8, 2025
Mining Period: 09:00 (UTC) on Jan 8, 2025 - 09:00 (UTC) on Jan 15, 2025
Event Rules:
Token |
Airdrop Project |
7-day Mining reward |
Maximum Lock Limit |
Term |
$HTX |
VIRTUAL |
22,394 VIRTUAL |
No upper limit |
Flexible |
$HTX |
AVA |
14,080 AVA |
No upper limit |
Flexible |
$HTX |
MOODENGETH |
333,444,481 MOODENGETH |
No upper limit |
Flexible |
$HTX |
KIMA |
71,306 KIMA |
No upper limit |
Flexible |
- Snapshots of your staked assets and the total staked 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.
- For newly staked assets, you will get the previous hour's reward in the next full hour after locking your assets for an hour. If you unlock your assets prematurely during the event, you will not be eligible to receive any rewards for the hour when your assets are unlocked.
- You can boost your $HTX staked in Launchpool to get more rewards with the following two methods:
- Manual staking: By locking $HTX from your spot accounts. Locked assets are not available for other purposes but can be unlocked anytime on the Launchpool page.
- During the event's warm-up period, you have the option to pre-lock your $HTX from your spot account. If you enable pre-locking, you will get the reward for the first hour after locking your assets for an hour once the mining period starts. However, if you pre-lock your assets during the warm-up period but unlock them before the mining period starts, you will not be eligible to receive any rewards.
- After the relevant Launchpool mining period is over, the $HTX which has been manually locked through the spot account will need to be redeemed manually on the Launchpool event page before trading those tokens or for other purposes.
- Automatic participation: By depositing $HTX into the flexible earn account, which will automatically stake in the Launchpool, you can get double rewards from HTX Earn and Launchpool with your $HTX staked.
Automatically acquire rewards from ongoing and future Launchpool projects:
- Auto-participation in new airdrop projects in the Launchpool: Once you have staked $HTX in the Launchpool would automatically be qualify for getting rewards from new airdrop projects included to the Launchpool, not need to redeem and re-stake
- Multiple Rewards: Once $HTX staked in the Launchpool can acquire various rewards from all ongoing airdrop projects in the Launchpool.
Here are three illustrations for your reference:
- If the event starts at 20:00:00, and User A locks 100 $HTX in 19:30:00, which is during the warm-up period, then User A will become eligible to receive the first reward in 21:00:00.
- If the event starts at 20:00:00, and User B locks 100 $HTX at 20:30:00, then User B will become eligible to receive the first reward in 22:00:00.
- If the event starts at 20:00:00, and User C locks 100 $HTX at 20:30:00 and unlocks it at 20:55:00, then User C will not receive any rewards.
Rewards:
- The rewards for the event are VIRTUAL, AVA, MOODENGETH and KIMA tokens. The amount of the hourly reward you receive is subject to the actual amount of $HTX you staked for an hour.
- If there are other ongoing airdrop projects in the HTX Launchpool, users with $HTX staked will simultaneously earn rewards from all these projects.
- Airdrop rewards will be credited to your Spot account hourly, with a possible delay of 1 to 2 hours.
Reward Calculation:
- Your hourly reward = your effective staked amount of $HTX / total effective staked amount of $HTX of all participants * (22,394/7/24) VIRTUAL + your effective staked amount of $HTX / total effective staked amount of $HTX of all participants * (14,080/7/24) AVA+ your effective staked amount of $HTX / total effective staked amount of $HTX of all participants * (333,444,481/7/24) MOODENGETH+ your effective staked amount of $HTX / total effective staked amount of $HTX of all participants * (71,306/7/24) KIMA.
Terms & Conditions:
- Sub-accounts are not eligible to participate.
- HTX reserves the right for the final interpretation of this event. HTX reserves the right to disqualify participants and revoke their rewards for dishonest or abusive behavior, including but not limited to registering multiple accounts from the same IP or device, bulk account registrations to obtain additional rewards, and any other activities for illegal, fraudulent, or harmful purposes.
- Due to local compliance requirements, users in the following countries and regions are not eligible to participate in Launchpool: Chinese Mainland, Cuba, Iran, North Korea, Sudan, Syria, the United States of America, and Venezuela.
HTX
January 7, 2025
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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.