Dear HTX Users,

HTX has upgraded PrimePool to Launchpool, allowing participants to get double rewards from HTX Earn and Launchpool with your $HTX staked.

The Launchpool is scheduled to commence on December 4, 2024 (UTC) with various airdrop projects, where you can get rewards through locking $HTX from your Spot accounts or deposit $HTX into your flexible earn account. The first Launchpool airdrop projects will be MEMEFI and PCI, which would be included in the HTX Launchpool on December 4, 2024 (UTC). By staking $HTX in Launchpool, you are eligible to share the rewards.

 

App: Join now>>

Web: Join now>>

 

Event Period:

Warm-up Period: 12:00 (UTC) on Dec 3, 2024 - 9:00 (UTC) on Dec 4, 2024

Mining Period: 9:00 (UTC) on Dec 4, 2024 - 9:00 (UTC) on Dec 18, 2024

Event Rules:

Token	Airdrop Project	14-day Mining reward	Maximum Lock Limit	Term
$HTX	MEMEFI	1,666,666 MEMEFI	No upper limit	Flexible
$HTX	PCI	729,710 PCI	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:
  • 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.
• 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.
• 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 17:00:00, and User A locks 100 $HTX in 16:30:00, which is during the warm-up period, then User A will become eligible to receive the first reward in 18:00:00.
• If the event starts at 17:00:00, and User B locks 100 $HTX at 17:30:00, then User B will become eligible to receive the first reward in 19:00:00.
• If the event starts at 17:00:00, and User C locks 100 $HTX at 17:30:00 and unlocks it at 17:55:00, then User C will not receive any rewards.

 

Rewards:

• The rewards for the event are MEMEFI and PCI 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 * (729,710/14/24) PCI + your effective staked amount of $HTX / total effective staked amount of $HTX of all participants * (1,666,666 /14/24) MEMEFI.

 

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

December 3, 2024

 

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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.