Announcement regarding on the weekly Hotbit repurchasing HTB fee（ September 25th, 0:00 - October 9th, 0:00）

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 September 25th, 00:00:00(UTC+8) -October 9th, 00:00:00(UTC+8) handling fee to repurchase HTB, the following is the repurchase details:
The total amount of repurchase is 902538.12  HTB.
50% of the total amount of repurchase （451269.06 HTB) is transferred to the address of destruction : 0x8e5779C8fE52a14f27691181A55b4617Fb32A698.

Click to get more information: 

https://etherscan.io/tx/0xe6d53ad04262d53635d8360628a60d4230f8a0757b810e5126ebcb8aa8d8ebeb 

 

50% of the total amount of repurchase (451269.06  HTB ) is into the address of  freezing: 0x36B85AeA5F54761E09f687dD6642b4Cf07b607cA.

Click to get more information:  

https://etherscan.io/tx/0x6dcffe42c9f27e0ce93c3f3b97cb4a268e28b7330f58f17d0f7f3439f5c1d217 

 

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
2019.10.9