Announcement regarding on the weekly Hotbit repurchasing HTB fee（8/22~8/28）

Dear Hotbit users:

According to the "Announcement regarding Hotbit launching a deduction function of transaction fee with HTB" issued by Hotbit on May 29, 2019,
Hotbit August 22nd, 00:00:00(UTC+8) - August 28th, 00:00:00(UTC+8) handling fee to repurchase HTB, the following is the repurchase details:
The total amount of repurchase is  863778.81 HTB.
50% of the total amount of repurchase ( 431889.405 HTB) is transferred to the address of destruction : 0x8e5779C8fE52a14f27691181A55b4617Fb32A698.

Click to get more information: 

https://etherscan.io/tx/0xd5d1608ed8c7d3f8f5058fc23942e362dad5b34d810e6ceb34e594b0eefcdbd7 

 

50% of the total amount of repurchase ( 431889.405 HTB ) is into the address of  freezing: 0x36B85AeA5F54761E09f687dD6642b4Cf07b607cA.

Click to get more information:  

https://etherscan.io/tx/0xcdf2aeb91e3b01aacca7c62551dc8fdf33f20ca4da04fdfedc48ec8ad5120ee5 

Description of the use of HTB reclaimed through the deduction function. 
1. 50% of all HTB, recovered through deduction will be destroyed regularly and publicly, the address will be 0x8e5779C8fE52a14f27691181A55b4617Fb32A698，the detailed data will be announced every Wednesday at 16:00 pm(UTC+8) 
2. The remaining 50 percent of HTB is transferred to 0x36B85AeA5F54761E09f687dD6642b4Cf07b607cA, which will be used to stimulate the users who use, hold and promote HTB , please look forward to Hotbit’s new white paper version 2.0.

Hotbit team
2019.8.28