The Announcement Regarding The Amount of HTB Repurchased by Hotbit (During 00:00, February 12th, 2020 - 00:00, February 19th, 2020 GMT+8)

Dear Respected Hotbit Users:

According to the rules and regulations of “The Announcement Regarding the Adjustments on Hotbit’s Transaction Fees” published by Hotbit on February 10th, 2020:

During 00:00, February 12th, 2020 - 00:00, February 19th, 2020, the volume of transaction fee generated and calculated in HTB on Hotbit is 4,508,052 HTB, which demonstrates a rate of comparative growth of 352.54% compared with the amount of last round of repurchase.

Among all 4,508,052 HTB, 50% of them (2,254,026 HTB) will be transferred into the following address for destruction:

0x8e5779C8fE52a14f27691181A55b4617Fb32A698

For detailed information, please refer to the following TXID:

https://etherscan.io/tx/0x2f4a8670a34e52c56591ef7df034e11537234d17a697b32f26b63900550b3482

The other 50% of all 4,508,052 HTB (2,254,026 HTB) will be transferred into the following address and remain frozen:

0x36B85AeA5F54761E09f687dD6642b4Cf07b607cA,

For detailed information, please refer to the following TXID:

https://etherscan.io/tx/0x0d6ca7e92d3ddcb039ef4bc58951d2fcdbe8a2038cc6df96b6bd18c3abd6c165

So far, the detailed information regarding HTB’s circulation and the amount of HTB held by each address can be reflected as follows: (HTB smart contract address: https://etherscan.io/token/0x6be61833fc4381990e82d7d4a9f4c9b3f67ea941)

Address No. 1:（0x02730391a5bac92a44c06dcc2634bdbe06e64fd6

）， The amount of HTB stored in this account remain in frozen status,which means that this amount of HTB have not yet been used by Hotbit team or Hotbit ecosystem. This amount of HTB are stored in a separate cold wallet. Hotbit team has only released 100,000,000 HTB in one allotment. Among the 100,000,000 HTB released by Hotbit, part of them are in circulation, as the amount in circulation were used as the incentives for shareholders and mid-level management team. Apart from the amount of HTB in circulation, the other part of the 100,000,000 HTB has been transferred into address No. 4 and remains locked up and frozen. Regarding the amount of HTB spent in Hotbit ecosystem, Hotbit has so far used approximately 75,000,000 HTB in various airdrop activities and cooperations. However, Hotbit has temporarily suspended the use of the amount of HTB in its ecosystem.

Address No. 2（0x8533a0bd9310eb63e7cc8e1116c18a3d67b1976a），In circulation，cold wallet of the exchange；

Address No. 3（0x57eb3559093d270b960d9073f639c952f8be2c6c），Frozen status，The unused part of marketing expenses.；

Address No. 4（0x36b85aea5f54761e09f687dd6642b4cf07b607ca），Frozen status， which include the remaining amount of all HTB except for the amount locked up by the team and every repurchase and destruction；

Address No. 5（0x8e5779c8fe52a14f27691181a55b4617fb32a698），Destructed, all destructed HTB are transferred into this address；

Address No. 6（0x274f3c32c90517975e29dfc209a23f315c1e5fc7），In circulation，the hot wallet of the exchange；

The HTB stored in all other addresses (which are the wallets of other exchanges and the wallets of various users)  are in circulation status.

Hence, the accurate data distribution is listed as follows: The amount of HTB to be destructed will be the amount of HTB stored in address No. 5, which is 24,449,521.4384134 HTB in total.

The amount of HTB in frozen status are stored in address No.1, address No. 3 and address No. 4, which hold 1,075,264,503.97729, 249,500,000 and 168,528,817.829832 HTB respectively (1493293321.807122 HTB in total)

The current amount of HTB in circulation is 982257156.75446 HTB

Hotbit Team