LONDON, 23 November 2021 / PRNewswire / – Huobi Global, one of the world’s leading digital asset exchanges, this week announced the launch of its third Primelist event, which provides investors with a convenient way to access the new DeFi MonoX Finance project (MoNo ). Next-generation decentralized financial protocol, MonoX Finance is redefining how users can participate in peer-to-peer financial systems built on blockchain networks.

“Our investors remain enthusiastic about Huobi Primelist. At the last event, 189,202 users in 129 countries participated. In addition, the price of the latest project, Gold Fever (NGL), jumped 4,333.33% in 15 minutes and continues to climb even today. We are very happy with the success of past Primelist events and look forward to bringing more exciting projects to our community, ”said Ciara Sun, Head of Listing and Blockchain Investments at Huobi Group.

Similar to the two previous Primelist events, users will be able to purchase new DeFi assets on Huobi Primelist by queuing for numbered tickets or holding Huobi tokens starting at 10:00 a.m. (UTC) on Thursday, November 25, 2021. Users who sign up through either channel will enter two separate asset pools and be able to redeem the token they successfully purchase within 40 minutes after the sale period ends.

“Investors can buy new assets directly with USDT without having to invest any assets up front. This straightforward process underscores our commitment to creating a simple and inexpensive way for investors to acquire wealth opportunities, ”added Ms. Sun.

The third project to feature on Huobi Primelist, MonoX Finance is a new DeFi protocol that uses a unique token design for liquidity pools. It seeks to address the capital inefficiencies of the cash pair design by bundling the deposited tokens into a virtual pair with the vCASH stablecoin.

“We were delighted to see both the number of attendees and the amount of HT holdings for the second event increase by over 270% compared to the first Primelist event. We launched the third Primelist event just three days after the last event because we saw our users’ eagerness for the next project. We expect to see another strong performance for MonoX Finance, ”added Ms. Sun.

3rd Primelist event details

Method 1: Users who hold a minimum of 50 USDT can purchase MONO tokens by joining the queue starting 25 November 2021. There will be 4000 lucky users with tickets numbered 1 to 4000. Each winner will receive 50 USDT in MONO tokens.

Method 2: Users who have a minimum average of 300 HT from 4:00 p.m. (UTC) on 21 November at 15:59:59 (UTC) on 24 november will be able to buy new assets on 25 november. The system will automatically execute orders and distribute new assets to each participant, based on the formula below:

* The number of new assets distributed to each user = The amount of one participant’s order (USDT) / the amount of all participants’ order (USDT) * The number of new assets offered by the platform

How to participate

To participate in the event, users can simply log into the event page and keep HT and USDT to purchase new assets. To learn more about the promotion, click here.

About the Huobi group

Huobi Group is the world’s leading blockchain and cryptocurrency infrastructure provider with a suite of financial products that includes the largest digital asset exchange in terms of liquidity and actual transaction volume. Trusted by users in more than 170 countries, the Huobi platform is dedicated to improving financial freedom and inclusive access for all users. Huobi has an unrivaled portfolio of crypto products and offerings. This includes business and financial products, cryptocurrency and blockchain financial infrastructure solutions, education, data and research, social protection, investment and incubation, and much more, l innovation always on the horizon. For more information, please visit https: //blog.hbg.com /

SOURCE Huobi