The WING trading that was originally scheduled to open in Huobi Inno Hub on September 16, 2020 (GMT+8) will be delayed, and the expected opening time will be at 15:00 on September 17, 2020 (GMT+8). Any changes will be notified via other announcements. Sorry for the inconvenience that caused.
Rules of "Stake ONT to Mine WING” campaign that was originally scheduled to open at 08:00 on September 15, 2020 will be changed to the following:
Users can stake ONT on Huobi platform to share earnings generated from mining WING on ONT chain (ONT staked at Huobi is considered valid for participating mining WING on ONT chain by default by the project party);
Users who participated in this campaign before 22:00 on 15th September will recieve an alternative reward (a certain amount of Huobi Point Card) as a redemption made by Huobi.
The Alternative Reward:
The alternative reward will be a certain amount of Huobi Point Cards. Taking the real-time price of ONT (in usdt) and 200% as the yield rate (annually), the reward will be one-day earnings, which is the equivalent value of Huobi point cards which will be distributed as the alternative reward.
A user staked 1000 ONT at 22:00 on 15th September 2020(GMT+8) with the real-time price of ONT which is 0.86USDT. Take 200% as its yield rate, the user will recieve Huobi Point Cards worth 4.71 USDT.
200% / 365 * Staking Token Amount，
Reward=200% / 365 * (Real-time ONT Price * Staking Token Amount)
We apologize for the inconvenience and thank you for your support.
September 15, 2020