Dear Hoo users,
Hoo will start the second phase of liquidity farming at 17:00 on October 14, 2020(UTC+8).The total amount of HOO produced in the second phase of the liquidity pool (dual-token pool) is 10 million, which is released in 30 days, and the number of mines excavated per day is 333,333. After the analysis of the first phase of liquidity farming data, in order to better encourage users to participate and more reasonable distribution of token output, the second phase of liquidity farming pool weight and output will be updated as follows, a total of 10 dual-token famrming pool.
- Other dual-token mining pools will stop liquidity farming, and users will be free to retrieve liquidity token. After stopping farming, it will become an undesignated pool. Undesignated mining pools, 0.25% distributed to liquidity providers, 0.05% distribution platform.
- The first-phase dual-token farming pool will automatically carry out the second-phase dual-token liquidity farming, and users don't need to operate extra.
- FIL-USDT dual-token farming will begin as soon as the FIL tokens are issued. Until then, there will be no HOO tokens output in the pool.
In order to assist the high-quality project, Hoo will open a dual-token pool to apply for mining channels, and the project can only be applied through the hooswap token listing application channel.
Risk Alert: Any digital assets investment is risky. Please evaluate your risk tolerance before getting involved. Your support on Hoo is highly appreciated.
October 12, 2020