Announcement regarding on the weekly Hotbit repurchasing HTB fee（ October 9th, 0:00 - October 16th, 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 October 9th, 00:00:00(UTC+8) -October 16th, 00:00:00(UTC+8) handling fee to repurchase HTB, the following is the repurchase details:
The total amount of repurchase is 776027.23  HTB.
50% of the total amount of repurchase （388013.62 HTB) is transferred to the address of destruction : 0x8e5779C8fE52a14f27691181A55b4617Fb32A698.

Click to get more information:  

https://etherscan.io/tx/0x5ab34d9c02a34d6f3693cd0bdfd6ae8bbcfbb84af8523b056a1a1494e29c39e8 

50% of the total amount of repurchase (388013.62 HTB ) is into the address of  freezing: 0x36B85AeA5F54761E09f687dD6642b4Cf07b607cA.

Click to get more information:  

https://etherscan.io/tx/0x898fb306432377d795cada40b319087317d3c50391c3fa9ded9b660faebe71b5 

 

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
2019.10.16