When will Huobi circulate?
When will Huobi circulate? According to official news, when will Huobi circulate
When will Huobi circulate? According to official news, when will Huobi circulate? According to the “Announcement on the Buyback and Destruction of HT on Huobi Global”, Huobi had no substantial income or asset flow to the market before March 15, 2019.
Huobi has the following explanations:
1. How does Huobi achieve repurchase and destruction? If Huobi holds all assets including but not limited to Bitcoin (BTC), Ethereum (ETH), EOS, LTC and other mainstream currencies, as well as the highest market value tokens.
2. When users purchase a corresponding quantity of HT, Huobi will repurchase it at a certain ratio and use it for liquidity pool mining or trading platform business, that is, sell HT at the price and gain repurchase income.
Specifically, when it comes to circulation, Huobi will only use a part of its circulating HT for repurchase and destruction, and the remaining HT will be used as cash reserves generated on the secondary market of Huobi Global in the future. This money will not be used by other investors, as most people can still use it for long-term investment purposes. (Huobi official website)
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/24835/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
Coinbase sued over refusal to help customer in case of hacking
It is reported that according to a document of the Northern District District Court of California, the United States, Coinbase was sued by a customer who said …
-
What does blockchain deflation and reduction of production mean? (What does blockchain token deflation mean?)
What does blockchain deflation and reduction of production mean? What does bloc
-
The Rise of Phishing Scams in the Digital World: Understanding the Recent Incident on Tornado Cash
According to reports, according to CertiK monitoring, a black address labeled \”Fake_Phishing76558\” by Etherscan transferred funds to the EOA account address 0xA1807F, which in turn
-
Panic and Greed Index hits 50: A Neutral Rating
It is reported that today\’s panic and greed index is 50 (yesterday\’s 48), and the rating is still neutral.
Today\’s panic and greed index is 50, and the…
-
The Future of Cryptocurrency and Regulation by Steven Maijoor
According to reports, Steven Maijoor, Executive Director of Dutch Central Bank Regulation, said that although allowing the encryption industry to collapse on its own would be an \”a
-
What currency is mana (what is the outlook for mana coin)
What currency is mana? Editor\’s note: This article is from Bitzine (ID: bitcoin
-
The Aztec Network Announces The Disabling of Deposit Function for Aztec Connect
On March 21st, Aztec Network, a privacy and expansion solution based on ZK-Rollup, officially announced that the deposit function of its DeFi privacy bridge project, Aztec Connect,
-
Suzhou releases 30 demand scenarios in 7 major fields of the metaverse, soliciting solutions from society
According to reports, the Suzhou Municipal Bureau of Industry and Information Technology recently released 30 major application scenario requirements for the 2023 Suzhou Metaverse,
-
The Unveiled Mystery Behind Coin An Sending $40 Million Worth of MATIC to Anonymous Addresses
According to reports, according to Watchers, Coin An sent 4 million MATICs worth $40999999 to anonymous addresses starting with 0xe6.
Coin An sends 4 million MATICs to anonymous ad -
The Metaverse: A Public Consultation to Challenge Big Tech Dominance
According to a consulting report released on Tuesday, France is organizing a public consultation on the metaverse aimed at blocking the dominance of international internet giants i
-
Bitcoin and Ethereum Record Huge Sell-Offs
According to reports, according to Coinglas data, the entire network has sold out $113 million in the past 24 hours. Among them, Bitcoin sold out $43.9705 million and Ethereum sold out $28.8708 million. Over the past 24 hours, the entire network sold out $113 million, including $43.9705 million in Bitcoin Analysis based on this information:The cryptocurrency market is one that has been shrouded in mystery since its inception, with investors and spectators alike constantly keeping an eye on its movements. According to Coinglas data, the network has sold out a staggering $113 million within the past 24 hours, with two of the major players in the market taking the lead in the sell-off. Bitcoin has sold out $43.9705 million and Ethereum has recorded a $28.8708 million sell-off. The sell-off is one that has been predicted by experts within the market. Bitcoin has been enjoying a bull run for a considerable amount of time, with investors flocking to the cryptocurrency as…
-
Alex Stokes reports successful activation of Shapella upgrade on Ethereum test network
It is reported that Alex Stokes, the initiator of EIP-4895, said on Twitter that the Ethereum Sepolia test network has activated the Shapella upgrade, and so f…
-
Fantom Community proposes to reduce the minimum pledge to 50000 or 75000 FTM
According to reports, officially, the Fantom community has proposed reducing the minimum pledge to 50000 or 75000 FTMs.
Fantom Community proposes to reduce the minimum pledge to 50 -
Cryptocurrency Companies Collaborate with Bank of Communications Corporation’s Hong Kong Subsidiary
On April 17th, according to several cryptocurrency companies cited by The Wall Street Journal, the Hong Kong subsidiary of Bank of Communications Corporation of China Limited is co
-
Blockchain-enabled Financial Market in Russia
The Russian Duma Parliament today passed the bill numbered 221502-8, which is about to enter the committee\’s deliberation stage. It is understood that the bill…
-
Doodles: From NFT Project to Media Franchise Company
On March 16th, Jordan Castro, founder of the NFT series Doodles, announced on the official discord that Doodles will develop from an “NFT project” into a leading media franchise company. Founder of Doodles: Developing from an NFT project to a media franchise company Analysis based on this information:Jordan Castro, the founder of the NFT series Doodles, recently announced on the official discord that the project is expanding into a media franchise company. This is a significant development for Doodles and the NFT space as a whole. The announcement hints at a growing recognition of the power and potential of NFTs as an innovative tool for the creation, curation, and distribution of digital art and media. Doodles is a series of 8888 unique digital art pieces, each with its own backstory and personality. Since launching in 2020, it has become one of the most popular and valuable NFT collections, with individual pieces selling for tens of thousands of dollars. The success…