Dear Hoo users,
Hoo will launch new pool voting competition, you can farm by the selected tokens, and the weight ratio will be determined by the result of the competition. the tokens selected for the competition are CKB, ALGO, BSV, BCH, AR, GXC, ONT and BTM, the competition divided into four phases, and the total output of daily HOO will not be changed.
Hoo officials will announce the token of farming, the final farming weight is determined by the user. Each time two groups of token compete, the content of the competition includes popularity and strength, and basic farming weight of the two groups is 0.05X.
Competition time: 1 day per phase
Popularity buff ( It is decided by voting that when the number of votes in the token exceeds 300, the popularity buff will be activated. )
Strength buff ( It is determined by the farming pool lock volume of the token to USDT. When the token lock volume reaches 200,000 USDT, the strength buff is activated. )
If the number of voters in A is 900, the lock volume is 1,000,000 U. Then A gets a popularity buff of 0.15X, strength buff of 0.2X, and a total of 0.35X.
The number of voters in B is 1200, and the lock volume is 500,000 U, Then B gets a popularity buff of 0.1X, strength buff of 0.65X, and a total of 0.4X.
B wins in the competition, the final farming weight of B is 0.65X and the final farming weight of A is 0.4x.
- All registered users of Hoo completed KYC can participate in voting, one person, one vote per phase
- Users provide liquidity for supporting token to increase lock-up volume
- After the end of each phase, the two groups of token obtained the final farming weight respectively, and the weight was maintained until the end of the first phase of farming.