Dear Hoo users,
For the convenience of Hoo's users to better participate in the ETH 2.0 staking, Hoo Option will launch the ETH 2.0 Staking Rights at 20:00 on Nov. 25 - 20:00 on Nov. 26, 2020 (UTC+8).
Reference price: 1 TETH= 1 ETH
Time: 20:00 on Nov. 25 - 20:00 on Nov. 26, 2020 (UTC+8)
Accepted coin: ETH (wallet account)
Minimum invest: 0.1 ETH
Maximum invest: 100 ETH
Requirements: complete KYC, VIP 1 or above
Distribution: TETH will be distributed within three business days after the end of the subscription.
Exercise time: after ETH 2.0 mainnet is officially launched
Estimated profits: subject to the official announcement of ETH profits, the earnings will be distributed to TETH holders in the form of TETH, which will be swapped 1:1 for ETH after the official launch of ETH 2.0 mainnet.
ETH 2.0 Staking requires a staking of 32 ETH to become a validator. The technical and infrastructural requirements of the running nodes have a certain threshold for general users. To enable users to participate in the staking, Hoo Option Launches ETH 2.0 Staking. The proceeds of the staking will be distributed to TETH holders, and specific snapshots will be taken at the time of official announcement, please pay attention to subsequent announcements.
Risk Alert: Any digital assets investment is risky. Please evaluate your risk tolerance before getting involved. Your support on Hoo is highly appreciated.
November 25, 2020