Dear Hotbit users,
in order to bring more benefits to the holders on the platform, Hotbit will launch the program of financial management, that is to distribute daily interests for ATOM (Cosmos), VOLLAR (VDS), BHD (BitcoinHD), PCX (ChainX), ALGO (Algorand), IRIS (IRIS Network), VSYS (V Systems), IMG (ImageCoin), FSN (Fusion), TOMO (TOMO Chain), SERO (SuperZero), IOTX (IoTeX), XZC, DASH, ZEL, AXE, IOST, BTM, USDx, KSM and MDU holders. All interest payments are derived from pledge proceeds in the corresponding currency chain.
This service is available to all Hotbit users.
Hotbit will try its best to maximize the benefits for users without affecting the user's withdrawal. Hotbit will dynamically adjust the annual interest rate based on the total amount of the wallet and withdrawals. All generated benefits will be distributed to Hotbit's ATOM (Cosmos), VOLLAR (VDS), BHD (BitcoinHD), PCX (ChainX), ALGO (Algorand), IRIS (IRIS Network), VSYS (V Systems), IMG (ImageCoin), FSN (Fusion), TOMO (TOMO Chain), SERO (SuperZero), IOTX (IoTeX), XZC, DASH, ZEL, AXE, IOST, BTM, USDx, KSM and MDU holders. As a general rule, users do not need to do any other operations and are able to withdraw their respective assets at any time. The detailed rules are as follows:
- The actual rate of the annual income of ATOM/VOLLAR/BHD/PCX/ALGO/IRIS/VSYS/IMG /FSN/TOMO/SERO/IOTX/XZC/DASH/ZEL/AXE/IOST/BTM/USDx/KSM/MDU may be lower than the expected rate mentioned. Hotbit will adjust the distribution ratio of rewards according to actual situations. (Snapshots will be taken starting from 00:00 everyday, and the interest will be distributed to user A’s account on 18:00 the next day.)
- We will take snapshots regarding all users’ holding volumes of ATOM/VOLLAR/BHD/PCX/ALGO/IRIS/VSYS/IMG/FSN/TOMO/SERO/IOTX/XZC/DASH/ZEL/AXE/IOST/BTM/USDx/KSM/MDU on an hourly basis (24 times in total). The minimum 24-hourly holding volume of ATOM/VOLLAR/BHD/PCX/ALGO/IRIS/VSYS/IMG/FSN/TOMO/SERO/IOTX/XZC/DASH/ZEL/AXE/IOST/BTM/USDx/KSM/MDU held by each user reflected by the snapshot will be counted as the effective holding volume of ATOM/VOLLAR/BHD/PCX/ALGO/IRIS/VSYS/IMG/FSN/TOMO/SERO/IOTX/XZC/DASH/ZEL/AXE/IOST/BTM/USDx/KSM/MDU for each user. We will distribute relevant interests to all relevant users based on their effective holding volumes of ATOM/VOLLAR/BHD/PCX/ALGO/IRIS/VSYS/IMG/FSN/TOMO/SERO/IOTX/XZC/DASH/ZEL/AXE/IOST/BTM/USDx/KSM/MDU（The detail of daily interest distribution: click here）.
The Service provided by Hotbit herein is in connection with the users holding ATOM (Cosmos), VOLLAR (VDS), BHD (BitcoinHD), PCX (ChainX), ALGO (Algorand), IRIS (IRIS Network), VSYS (V Systems), IMG (ImageCoin),FSN (Fusion), TOMO (TOMO Chain), SERO (SuperZero), IOTX (IoTeX), XZC, DASH, ZEL, and AXE, IOST, BTM, USDx, KSM and MDU which has nothing to do with any other tokens. Hotbit will try to guarantee the withdrawal of the users who held the above-mentioned tokens, but when the token flow is caused by the pledge, the user needs to wait in line to withdraw token. The withdrawal of the queue does not affect the withdrawal of other tokens on Hotbit.
If the user does not agree to participate in Hotbit's interest-distribution activities, please withdraw all interest-distribution tokens. Users who obtain a token of interest through Hotbit transaction are deemed to agree to participate in the token interest-distribution activities. The user hereby confirms that the participation in the token interest-distribution activities is voluntary, and Hotbit does not force, interfere or influence the user's decision in any way.
Hotbit cannot provide any investment, legal, tax or other advice to the user on the token interest-distribution activities, and any information published on Hotbit for the token interest-distribution activities or any information sent by Hotbit to the user in the token interest-distribution activities does not constitute an investment. Legal, tax or other related advice. If the user needs professional advice, the user should seek professional financial, legal, tax or other advisory services for personnel-related activities.