To address the concern of HBTC captain about the future price risk of 1000 HBC locked positions, the HBTC platform will launch the HBTC captain worry-free plan on May 25.
All HBTC captains who have achieved performance for a cumulative total of 12 months. On the day of withdrawal from the captain, if the HBC price is lower than the price of the lock-up day, you can apply for repurchase at the price of the lock-up day through the customer service channel. The funds used for the repurchase are derived from the 30% cumulative airdrop income obtained by the platform every day and the fund reserve of 5x PE pending order fund reserve.
On May 20, 2021, user Jack locked the 1000HBC and became the captain of HBTC, at the price of 100USDT / HBC. After becoming the captain, user Jack completed a cumulative 12-month performance requirement on August 21, 2022 (the current performance requirement is 8.33HBC / month). If the price of HBC is 95USDT / HBC after twelve months, user Jack can contact customer service and have the right to request the platform to carry out the HBC repurchase at the price (100USDT / HBC) on the day it becomes the captain.
The final interpretation right belongs to HBTC.
25 May 2020