Announcement on the Delisting of ORN, MTA, AKRO, DTH, DMST, TEND, YFII, RING, KTON Investment Products on September 3, 2020 (UTC+8)

Dear Hotbit users,

        Hotbit will close the subscription of ORN, MTA, AKRO, DTH, DMST, TEND, YFII, RING, KTON related investment products at 15:00 (UTC+8) on September 3rd, 2020 and will not distribute interest of these investment products from September 3rd, 2020. Users who have purchased ORN, MTA, AKRO, DTH, DMST, TEND, YFII, RING, KTON investment products are requested to redeem them by themselves. 

         According to the current market conditions, Hotbit will adjust the annual interest rate of YFI, UMA investment products from August 13th 2020(UTC+8).  The  interest will accrue at the new annual rate from August 13th, 2020(UTC+8).

        The annual interest rate of YFI investment products will be adjusted to 1%

        The annual interest rate of UMA investment products will be adjusted to 1%     

        Note: Hotbit has stopped distributing demand interest to YFI，ORN，MTA，AKRO，UMA，DTH，DMST，TEND，YFII，RING，KTON holders since September 3rd. If there is any recovery in the future, we will have an announcement as soon as possible!

        Thank you for your support to Hotbit!

Hotbit team
2020.09.03