Dear Hotbit Users,
To cooperate with SPARTACUS redemption submitted by SPARTACUS project team, the following plan are now implemented for users who hold SPARTACUS on Hotbit:
1. Hotbit will complete SPARTACUS redemption based on the lower value regarding the volume of SPARTACUS held by each user on 11:53 AM UTC April 6th, 2022 and 11:00 AM UTC, April 12th, 2022 (The ratio of the redemption will be 1 SPARTACUS=50.91 USDT + 4.7 FTM);
Note: Users who meet the snapshot rules can check their USDT and FTM assets after the redemption is complete and the corresponding SPARTACUS will be deducted. (The SPARTACUS redemption has been completed at 05:54 AM UTC on April 19th, 2022.)
2. The snapshot includes user's assets in spot account, available assets in investment account, the assets has been invested in investment products and the interests from investment products;
3. Hotbit will recover the withdrawal function of SPARTACUS after the redemption is complete, users who still hold SPARTACUS (users who don't meet the redemption rule) can withdraw to spooky.finance or other market to trade;
4. Users who hold less than 0.01 SPARTACUS assets won't participate this redemption;
5. For the specific completion date of this redemption, please wait for our further announcement.
Thank you for your ongoing support and understanding for Hotbit!
Hotbit Team
April 12th, 2022
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