Dear Hoo users
According to the Sperax official, the Sperax will provide airdrop tokens to existing SPA holders in an effort to reward supporters and distribute governance rights to the community. The total amount of airdrop tokens will be announced when all the airdrop rounds complete. The airdrop tokens are all from the Eco of SPA token economy portion, as specified in its whitepaper.
During the airdrop date, Hoo will select a random time to take a snapshot of users’ SPA balance, on Feb 26 (No.1 round of airdrop), March 17th (No.2 round of airdrop) and March 31st (No.3 round of airdrop) respectively.
Hoo will airdrop to SPA holders based on the following calculation formula:
The SPA airdrop that will be received by users = ( user's SPA positions at snapshot time/ Hoo's SPA positions at snapshot time) * SPA airdrop received by Hoo
- Hoo will be distributed airdrops after receiving SPA, and another announcement will be made after the airdrop is completed.
- Users of the Hoo are not limited by the official minimum 100SPA short position
- Hoo will suspend deposit & withdrawal on 26 February, 17 March and 31 March without separate announcement
- If your SPA tokens are at Hoo.com at the snapshot time, you don’t have to do anything to receive your airdrop tokens. You may deposit SPA to Hoo.com and keep enough balance before the suspending time to receive airdrop tokens.
Risk Alert: Any digital assets investment is risky. Please evaluate your risk tolerance before getting involved. Your support on Hoo is highly appreciated.
February 26, 2021