Countdown to HTX's 10th PrimeVote: Amass Rockets to Vote for Your Favorite Projects! Win a good luck prize!
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Dear HTX Users,
The 10th round of HTX's PrimeVote event is coming soon. With Rockets, you will have votes to participate in PrimeVote and get your favorite project listed. The project that wins the most votes will be eligible to list its crypto on HTX for trading.
Shortlisted Projects
Project Name |
Official Website |
Prize Pool |
Coupon Assets (CA) |
400,000 USDT |
|
Babygrok (BABYGROK) |
100,000 USDT |
|
Bart Simpson Coin (BART) |
100,000 USDT |
|
Biis (BIIS) |
200,000 USDT |
|
ABCD Protocol (ABCD) |
350,000 USDT |
|
Ethereum Express (ETE) |
400,000 USDT |
|
Chirpley (CHRP) |
100,000 USDT |
|
Nelore Coin (NLC) |
250,000 USDT |
|
Veloce (VEXT) |
100,000 USDT |
|
Giant Mammoth (GMMT) |
100,000 USDT |
Event Schedule
Sharing Period: 12:00 (UTC) on Dec 18, 2023 - 12:00 (UTC) on Dec 19, 2023
Voting Period - Preliminary: 12:00 (UTC) on Dec 19, 2023 - 12:00 (UTC) on Dec 21, 2023
Voting Period - Final: 12:30 (UTC) on Dec 21, 2023 - 12:30 (UTC) on Dec 22, 2023
Voting Rules
- Snapshots of users' Rocket quantities will be taken at 12:00 (UTC) on Dec 18, 2023. The results of the snapshot will determine the number of votes each participant can have for each stage of the event.
- Participants can utilize their Rockets to cast votes. 1 Rocket = 1 vote.
- Each participant can choose to vote for multiple projects, with a minimum of 1 vote per project.
- During each stage, each participant can cast a maximum of 10,000,000 votes, which includes both self-votes and followed votes.
- All projects in the Preliminary phase are divided into Group A and Group B randomly. After the voting of the Preliminary concludes, each group's top 2 projects with the most votes will enter the Final.
- Before the start of the Final, all projects' votes will be reset to zero. The four winning projects from the Preliminary phase will then compete in a voting showdown. After the voting of the Final concludes, the project with the most votes will be the winner in this round of PrimeVote.
What is Rocket?
- Users can navigate to the Asset page to find details about their Rocket values which equal the 30-day average balance measured in USDT. 1 USDT = 1 Rocket.
- To increase their Rocket values, users can improve their asset balances by making deposits and purchasing quality assets.
- When holding quality assets such as HT, TRX, BTC, and ETH, users can have their Rocket values boosted by a multiple.
Lead Voters & Followers
- Participants are free to vote for a project during the event. At the same time, a participant can choose to become a lead voter or a follower.
- Each participant is supposed to follow one lead voter only upon becoming a follower. If a participant chooses to become a follower, they can delegate their votes to the lead voter.
- Each lead voter can have multiple followers. While voting, votes from the lead voter will be counted first and votes from his or her followers will be counted after and based on the voting time of each follower.
- If a lead voter fails to vote for the winning project, their followers will not be eligible to share the prize pool.
- Changing lead voter status: If a user becomes a lead voter and has no followers or delegated votes, they can revoke their lead voter status on the event page.
- Once a user becomes a follower in a round of the event, their status cannot be revoked or changed.
- Users with ≥10,000 Rockets when the event begins can apply to become a lead voter.
- During the event period, the maximum number of delegated votes for a leader voter is 50,000,000.
Reward Rules
- Users who vote for the winning project during the Final will be eligible to share the prize pool. (All lead voters and their followers for the winning project are counted.) The prize pool for the event is sponsored by the winning project.
- Winners can split the prize pool based on the proportion of their votes in the total votes. The more a participant votes, the more they stand to win.
- Individual vote share = Number of individual votes / Number of total votes received by the project * 100%
- Individual reward = Individual vote share * Prize pool sponsored by a project
- Each reward winner can get a maximum of 50,000 USDT. If any of the winners are eligible to receive rewards exceeding the maximum limit after the initial reward calculation, the excess portion of the rewards will be recalculated based on the contributions of other winners who have not reached the limit. The revised rewards will then be distributed proportionally among the winners.
- Rewards will be credited to winners' Spot accounts within 7 working days after the end of the event. The rewards are issued in the form of tokens. The reward amount is subject to the actual amount credited to the winners' accounts.
Good Luck Prize
- By enrolling in this round of PrimeVote event, participants stand a chance to become a "Lucky Winner" and receive an extra reward, constituting 1% of the event's total prize pool.
- The Good Luck Prize will be determined by a lucky draw that uses TRON block hash values to match the vote counts of participants in the Final phase. Please find the details below:
- Participants who cast ≥100 votes during the Final phase will be eligible to enter the lucky draw.
- At the conclusion of the Final phase on 12:30 (UTC) on Dec 22, 2023, HTX will use the last three digits of the TRON block hash value of the time as the winning sequence, matching it with the last three digits of vote counts of participants in the Final phase. The participant whose vote count matches the winning sequence will be crowned as the "Lucky Winner".
- If no participant's vote count matches the winning sequence at the conclusion of the Final phase, we will proceed with the matching process using the next TRON block hash value.
- If two or more participants have vote counts that match the winning sequence, the prize pool will be evenly distributed among them.
Here is an example for matching participants' vote counts with TRON block hash values:
Let's assume that the TRON block hash value at 12:30 (UTC) on Dec 22, 2023, 2023, is as follows:
0x95519f40a75c3f46d0426d5db908458b3d056b929d02b536c1c6d431ec94f093
We will take the last three digits, which are 093, as the winning sequence. If User A has a vote count of 10,093, and User B has a vote count of 2,093 in the Final phase, they will both qualify as the "Lucky Winner".
Extra Votes Rules
How to gain extra votes on X:
- After HTX announces the shortlisted projects, all candidates can share the HTX PrimeVote event on their official X account and ask for votes. All posts must contain hashtags: #PrimeVote and #HTX.
- The additional votes earned by each project on X will be calculated using the formula: Views of the mostly viewed thread divided by 10. This calculation will be performed daily, and the data will be recorded and accumulated. Each project can receive a maximum of 1,000,000 extra votes.
Terms & Conditions
- Participants are required to complete level 1 KYC verification.
- HTX reserves the right to a 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
December 15, 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.