Dear HTX Users,

 

Greetings! HTX highly values community feedback. In response to user suggestions, HTX is excited to launch Hot Token Futures "Trade to Earn" event, starting with TON. The event features a total prize pool of 100,000 USDT, offering each participant the opportunity to earn up to 2,000 USDT daily. The event is only available for 5 days. Don't miss out!

Register with one click and enjoy trading hot tokens with negative fee rates!

 

Participants who achieve a futures trading volume of ≥10,000 USDT for the designated perpetual futures trading pair will be eligible to receive a 10 USDT futures trial bonus. Rewards will be credited to their HTX accounts within 3 days after the event concludes.

 

The event rewards will be distributed in $HTX. All net fees generated from registered participants trading the designated perpetual futures trading pair during the event will be used for $HTX buybacks. This will provide you with an unprecedented opportunity for asset growth while ensuring stable $HTX appreciation.

 

Event Period:

• Event Period: 12:00:00 (UTC) on August 1, 2024 - 11:59:59 (UTC) on August 6, 2024
• The "Trade to Earn" event is on a daily basis. A day is defined from 12:00 (UTC) on Day T to 11:59 (UTC) on Day T+1.
• Rewards will be distributed continuously throughout the day. The daily prize pool is set at 20,000 USDT, and the reward distribution will stop once the prize pool is depleted.
• Event rewards will be calculated and updated starting on Day T+2 at 04:00 (UTC). Please claim your $HTX in time.

 

How to Join:

Users must have a Rocket count of ≥ 100 and successfully register on the event page.

Check your Rockets now and participate in the event!

 

Event Rule:

• The designated perpetual futures trading pair for this event: TON/USDT.

• Daily reward cap per user: 2,000 USDT.
• Participants will no longer receive rewards once either the daily reward cap per user has been reached or the daily prize pool has been depleted.

 

Reward Calculation:

• Rewards in the daily prize pool are distributed on a first-come, first-served basis, with the $HTX reward amount calculated based on the actual fees generated, order types, and reward ratios.
• $HTX reward amount = Actual fee generated in USDT * Reward ratio by the order type / $HTX price at 12:00 (UTC) on Day T

For example, assume the $HTX price is 0.000002 USDT at the start of the "Trade to Earn" event at 12:00 (UTC) on Day T, and a participant generates 100 USDT in fees from the TON/USDT perpetual futures trading pair between 12:00 (UTC) on Day T and 11:59 (UTC) on Day T+1, all as Maker orders. Meanwhile, the fees are generated before the depletion of the prize pool on Day T, and the participant's reward limit is not reached.

Then the participant's daily reward of $HTX would be: 100 * 115% / 0.000002 = 57,500,000.

Rewards will be updated and made available for claim at 04:00 (UTC) on Day T+2.

 

Order Reward Ratio and Prize Pool:

Trading Pair	Reward Ratio for Maker Order	Reward Ratio for Taker Order	Daily Prize Pool (USDT)	Daily Rewards of $HTX
Futures: TON/USDT Perpetual	115%	107%	20,000	Calculated based on the $HTX price at 12:00 (UTC) on Day T

The daily prize pool is a fixed value in USDT, and the event will calculate the $HTX amount in each pool based on the $HTX price at the start of the day.

For instance, if the $HTX price is 0.000002 USDT at 12:00 (UTC) on Day T when the event starts, and the prize pool of the day is 100,000 USDT, then the total $HTX amount for the day would be 50,000,000,000.

 

About $HTX Buybacks:

• All net fees generated from registered participants trading the designated perpetual futures trading pair during the event will be used for $HTX buybacks, ensuring stable appreciation of $HTX. The repurchased $HTX will be entirely burnt, with the schedule coinciding with the quarterly burn. Specific timing will be announced separately.

• To facilitate buyback calculations, the daily trading fee statistics period is set from 00:00 to 23:59 (UTC+8) each day. The event starts at 20:00:00 (UTC+8) on T day. The first trading fee calculation period will be from 00:00 (UTC+8) to 23:59 (UTC+8) on T+1 day. The first buyback, based on trading fees generated on T+1 day, will be completed on T+2 day.
• For the details of daily buyback after the event starts, please refer to further announcements.

 

$HTX Buyback Details for "Trade to Earn" Event

 

Terms & Conditions:

• Sub-accounts cannot be used to participate in this event. Data from sub-accounts will be counted towards their main accounts.
• Market maker users and API orders are included in the reward calculation for this event.
• Orders for grid trading, copy trading, and regular investment are all accepted, provided they utilize the designated trading pair specified for this event.
• During the event, there is a cap on the rewards that each participant can receive per day. Participants will no longer receive rewards once either the daily reward cap per user has been reached or the daily prize pool has been depleted.
• Trading fees corresponding to a participant's rewards for the "Trade to Earn" event will no longer be applicable for commissions to their inviter. Other fees generated by the participant's trades will remain unaffected.
• HTX will strictly review and disqualify any participants who show any signs of fraudulent behaviors, such as malicious inflation of trading volume, bulk registration of fake accounts, wash trading, and order matching.
• HTX reserves the right for final interpretation of this event.

 

Thank you for your support and trust. We eagerly anticipate your participation!

 

HTX

August 1, 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.