TechFlow News — According to an official announcement from Huobi, Huobi has launched the third phase of its new coin mining program. Users who have completed KYC Level 1 on Huobi can lock HT or DAO tokens on the designated event page to share a prize pool worth 200,000 USDT in DZOO (approximately 2,988,888 DZOO). The event will run from March 17 at 22:00 to March 24 at 22:00 (UTC+8).
According to the announcement, Huobi will take hourly snapshots of each user's effective locked amount and the total locked amount across all participants to calculate mining rewards. The minimum lock requirement is 100 HT or 200 DAO. There is no upper limit for locking either token, but the effective locked amount will be determined by reward coefficients based on specific staking tiers. During the event, users may deposit and withdraw staked tokens at any time. However, rewards begin accruing only from the next full hour after the tokens have been locked for at least one hour. If tokens are unlocked early, the user will not receive rewards for any incomplete hour at the time of unlocking.
