Hoo Will Vest 50% of KAVA on July 31

Dear Hoo users,

To satisfy and thank for our users' support, Hoo Labs has launched the KAVA token sale on October 24, 2019. Click here to learn more details: https://support.hoo.com/hc/en-us/articles/360035417691

According to the official rules, when the KAVA main-net goes live, 50% of the KAVA tokens will be vested in 6 months, and the rest will be vested quarterly over two years.

Hoo will vest 50% of the token on July 31 and will be converted as follows:

1. The FKAVA/USDT trading pair will be temporarily closed at 10:00 on July 31(UTC+8)

2. User's 10% FKAVA will be converted to KAVA mainnet tokens, and KAVA tokens can deposit or withdrawal normally. 

3. FKAVA/USDT trading pairs will be opened after the conversion is completed. Please stay tuned to your account.

Risk Alert: Any digital assets investment is risky. Please evaluate your risk tolerance before getting involved.

Hoo Team

July 31, 2020