Based on the rules of HBC Token 2.0, HBTC has destroyed an accumulative 1,768,424 HBC tokens with an estimated value of 31 million USDT. The total supply of HBC is 19,231,576.
Details of the accumulative HBC Buyback-to-Burn:
a) A total of 456,600 HBC were repurchased and destroyed. An announcement was published on 24 December 2020 (UTC+8).
b) The accumulative HBC Buyback-to-Burn from the daily repurchase of HBC Token 1.0 totalled 1,134,954 HBC.
c) Another accumulative 221,088 HBC were repurchased, of which 80% which totalled 176,870 HBC was conducted in the month of March 2021.
Token Burn Schedule: 11:53:45, 3 April 2021, Singapore time (UTC+8)
Token Burn Record: https://support.hbtc.co/hc/en-us/articles/900006417763
Captain’s Airdrop: 20% of the HBC obtained from the recent buyback from 1 March to 31 March 2021 (UTC+8) totalling 44,218 HBC tokens will be distributed to all HBTC Captains under the Captain’s Reward scheme with a locked-up condition.
HBTC Captains will receive 15% of the HBC tokens obtained from the buyback based on his/her performance. The remaining 5% will be divided equally amongst the HBTC Captains who held his/her Captain’s status from 1 March to 31 March 2021 with a performance of 33 USDT and above. Captains who receive the Captain’s Reward may access their rewards via ‘My Reward’ page.
Digital Asset Trading can be a challenging and potentially profitable opportunity for investors. Users are strongly encouraged to carefully consider their investment objectives, level of experience, and risk appetite.
3 April 2021