TechFlow reported on August 13 that, according to an official announcement, HTX (formerly Huobi) has launched its fourth "Liquidity Mining" campaign from August 8, 20:00:00 to August 23, 19:59:59 (UTC+8). Users placing limit orders for BTC and ETH spot trading will share in $HTX worth 150,000 USDT. Specifically, the BTC/USDT spot trading pair has a total prize pool of 100,000,000,000 $HTX (worth 100,000 USDT), with a daily pool of approximately 6,666,666,667 $HTX; the ETH/USDT spot trading pair has a total prize pool of 50,000,000,000 $HTX (worth 50,000 USDT), with a daily pool of approximately 3,333,333,333 $HTX. During the event, HTX will take random snapshots every minute of outstanding orders in the BTC/USDT and ETH/USDT spot markets. Rewards will be calculated and accumulated based on these snapshots, considering users’ bid and ask orders within a 0.5% range of the current market price. The closer an order is to the prevailing market price, the higher the reward weight.
Notably, this event is open to all users, including market makers. Participation requires users to register via the event page. Additionally, during the event, the cumulative daily reward cap per user across both pools is set at 1,000,000,000 $HTX (worth 1,000 USDT). By the end of the campaign, an individual can receive up to 15,000 USDT in total rewards.
Event details: https://www.htx.com.se/zh-cn/support/44977262041553
