Huobi Pool Token (HPT) is an ecological sub-token based on Huobi Token (HT). A total of approximately 10 billion HPTs are issued by Huobi Pool.
Huobi Pool Tokens (HPT) are negotiable encrypted digital certificates of rights and interests. Their holders may get themselves deeply involved in the future development of Huobi Mining Pool and receive a share of the achievements of Huobi Mining Pool. HPT will become an important part, and possibly the most important cornerstone of Huobi Token.
Huobi Mining Pool issues Huobi Pool Tokens on theEthereum, with a fixed upper limit on the amount of HPT issued. The total number of HPT is about 10 billion, of which 20% are airdropped to HT holders, 40% are designated as community incentives of Huobi Mining Pool, 10% are used for HADAX private placement, 10% are earmarked as HPT development fund, 10% are used in private placement, and the remaining 10% are used as incentives for the team.
Relying on the rich resources and financial strength of Huobi Group, Huobi Mining Pool adopts the stock rights certification mechanism under the premise of accommodating various consensus mechanisms, such as POW and POS. It advocates the concept of mining means mining, and provides users with multi-party docking entrances, including but not limited to Hubipro, various wallets, among others.
After a user stores his/her/its encrypted assets in Huobi Mining Pool, the user then enters the user asset value-added system. Huobi Mining Pool will participate in the node competition of each chain, so as to protect the safety of each chain and obtain certain profits at the same time. Furthermore, it may also engage in quantitative transactions and borrowing&lending on the secondary market.