Project Safety Score: 76%
Updated 9 hours, 8 minutes agoHuobi is a cryptocurrency exchange that launched the Huobi Token (HT) on January 24, 2018, after announcing its intentions 15 days prior. HT serves as a loyalty reward for users, providing reduced transaction fees and is tradable against popular currencies. The initial distribution saw 300 million tokens offered to Huobi Pro users who purchased service packages, representing 60% of the total supply. This launch was part of a strategy to regain users after significant trading volume loss due to regulatory changes in China.
The total supply of HT is 500 million tokens, with the remaining 200 million allocated for user rewards and platform operations, while 20% is reserved for team rewards with a four-year vesting period. The creation of HT aligns with similar initiatives by other exchanges, such as Binance Coin (BNB), aimed at fostering user loyalty. Huobi’s founder, Leon Li, indicated that the regulatory environment in China had severely impacted the exchange's trading activity prior to the token's launch.
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
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Contract Security
0xbaa0974354680b0e8…0x6f259637dcd74c767…On-Chain Facts
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0x18709e89bd403f470…19.52% -
0xd00486207705f54f4…0.44% -
0xc882b111a75c0c657…0.26% -
0x9fcc67d7db763787b…0.14% -
0xa03400e098f4421b3…0.08% -
0x0d0707963952f2fba…0.07% -
0xd29607504afc9fb0d…0.05% -
0x0529ea5885702715e…0.05% -
0x248200661ba9d9759…0.04% -
0x804965e148666c3ac…0.04%
