Huobi Pool Token Project Analysis Report — — CoinW Institute

CoinW Exchange
2 min readOct 16, 2022

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Huobi Pool Token Project Analysis Report

  • A short review by CoinW research institute

Huobi Mining Pool was launched as early as 2018 and was an important part of the Huobi ecosystem at that time. Last year, due to the tightening of domestic policies, the Huobi mining pool was closed, and the entire project ecology was in a state of death. And this time Huobi was re-acquired, this business may have the opportunity to restart. In the past two days, ht and mdx in the Huobi ecosystem have performed well, and hpt with smaller circulation is worthy of attention.

  • Recent outbreaks

Huobi was acquired; exchange mining business restarted.

  • Project introduction

Huobi Pool Token (HPT) is an ecological sub-token based on Huobi Global Ecological Token HT. The total amount of HPT issued is about 10 billion, and the objects of issuance include HT holders and Huobi mining pool community users. HPT is issued by Huobi Mining Pool, which innovatively proposes “mining is mining”.

  • The role of tokens

The hpt token is the governance token of the Huobi mining pool. It can be used to enjoy airdrops and gain income. Under certain circumstances, it can also exercise certain voting rights.

  • Token distribution

Total: 10 billion pieces

Community Incentive: 40%

ht account airdrop: 20%

hadax: 10%

hpt development fund: 10%

Targeted fundraising: 10%

Team incentive: 10%

  • Investment institutions

Huobi

  • Project Outlook

HPT is one of the sub-tokens of HT, which is backed by Huobi, which is endorsed by powerful resources. Earlier, Huobi closed this business due to domestic policy supervision. After being re-acquired, mining, as an important part of the blockchain industry, is likely to restart. Therefore, the project may reverse its predicament, and once the mining pool business is successfully restarted, the value of hpt will also rise. The overall project is worth looking forward to.

Basic information

Project Introduction

Token Name: HPT

Project official website: https://www.huobipool.com/

Block query: https://etherscan.io/token/0xa66daa57432024023db65477ba87d4e7f5f95213

Project details:

Huobi Pool Token (HPT) is an ecological sub-token based on Huobi Global Ecological Token HT. The total amount of HPT issued is about 10 billion, and the objects of issuance include HT holders and Huobi mining pool community users. HPT is issued by Huobi Mining Pool, which innovatively proposes “mining is mining”.

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CoinW Exchange

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