HTB is the platform token issued by Hotbit, jointly practicing with the community to create an ideal ecosystem for trading cryptographic digital assets.

Project Features

1. An open market-making fund pool, where projects and the community collectively inject market-making funds to provide ample liquidity, creating good market depth and breadth for traders, aiding in stabilizing the price of traded assets. The primary goal of the operation of the market-making fund is to enhance liquidity, while the secondary goal is to maintain capital stability and position balance. The market-making fund algorithm is developed by top Wall Street quantitative trading teams and directly integrated into the exchange system for free use by projects and the community.
2. A self-service listing system for project communities, where projects or the community provide basic information, the exchange conducts a rapid review, then opens the market-making fund pool to accept funding. Once the minimum requirement for the market-making fund is met, the trading asset automatically goes live.
3. An embedded digital asset wiki system, utilizing community efforts to perfect information about trading assets, providing traders with more market information, promptly identifying potentially fraudulent projects. Contributors will be rewarded with the exchanges token, HTB.
4. A service system supported by the core team and the community, designed to cope with potential explosive growth in user numbers. Traditional exchange customer service systems struggle to support the needs of millions of customers. Hotbit Exchange will design a global customer service system involving the community, incentivizing service providers with HTB.
5. Rich derivative product design, Hotbit will establish an open derivative design platform, attracting professional institutions to design and issue derivatives such as options, contracts, ETFs, etc. Designing and trading derivatives will require holding and consuming a specific amount of HTB.

Key Points of HTB Token Circulation

1. 10% of all trading fees in BTC, ETH, USDT, etc., generated by Hotbit, will be injected into the HTB/BTC, HTB/ETH, HTB/USDT market-making fund pools, triggering a position imbalance in the market-making fund and automatically increasing its tendency to purchase HTB.
2. Contributors to the asset wiki system will receive HTB rewards through community tips and system rewards.
3. Contributors to the community customer service system will receive HTB from user tips and system rewards.
4. Professional design and investment in derivatives will consume HTB.
5. Other HTB circulation rules will be discussed and formulated together with the community at a later stage.

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