Dear Respected Users,
Hotbit is scheduled to list ESD (Empty Set Dollar) on Global Section.
Deposit function launches at: 2020.12.25 07:00 AM UTC
Trading function launches at: 2020.12.25 09:00 AM UTC
Trading Pairs: ESD/USDT, ESD/BTC
Warm Tips: The supply of EDS is adjusted every 8 hours currently , each adjustment doesn't affect users’ balances, but it will still grow or shrink the total supply, thus may causing changes in the market price.
Once again, users are reminded to read the project mechanism and risks involved in detail before investing, and the details of the EDS token operation mechanism can be found in the introduction below.
【Hotbit users exclusively enjoy “Minus Maker Means Minus Transaction Fee” mechanism. By placing and settling any maker order, the user will enjoy 0 transaction fee and an extra 0.15% of the trading volume of his/her maker order as reward on Global Section!】
Project Name：Empty Set Dollar
It is claimed that with the ESDs in hand users can do two things - directly Bond ESDs / provide liquidity on Uniswap and then Bond the ESD-USDC LPs.
If there is excess demand for ESD, then the price will trend above \$1 on the Uniswap pool, and that signals the protocol to mint additional token supply. Conversely, if the demand shrinks, excess selling on Uniswap will push the price below $1, which triggers the protocol to generate debt and incentivise token holders to burn ESD to shrink the token supply.
Token type: ERC-20
Total supply: 383,858,753.868213140464177585 ESD（The specific total supply is subject to the chain）
The investment on cryptocurrency projects is subject to high market risks.Please make your investments cautiously. Hotbit will make best efforts to choose the cryptocurrency projects with high quality,but Hotbit will not be responsible for any of your investment losses.
Thank you for your support！
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