Dear Hoo users,
Hoo will launch DeFi mining financial products at 18:00 on September 3, 2020 (UTC+8). In order to avoid abnormal fluctuations in mining earnings that may bring uncertainty to the user, the Hoo DeFi Mining Earnings will be set at 80%.
Locking period: 7 days
Total amount: 2,000,000 USDT
Per limit: 10,000 USDT
1. We don't charge earnings management fee for this DeFi financial product.
2. The mining earnings will be set at 80% annualized, the excess income will be obtained by Hoo, and the insufficient income will be made up and distributed to users.
3. The mining lock period is 7 days. Due to the uncertainty of DeFi mining, mining may end ahead of schedule. If terminated ahead of time, the earnings will be distributed in advance.
4. Hoo will select a number of high-quality DeFi projects for combined liquidity mining in order to maximize profits. If there is a loss due to the loophole in the smart contract, resulting in the inability to pay principal and interest, Hoo does not bear any responsibility, please be aware of risks.
September 3, 2020