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Tron & BitTorrent Memeverse Carnival is Live
Dear Huobi Users,
Huobi, Tron, and BitTorrent established a strategic partnership in 2022. Tron and BitTorrent have been leading public chains in terms of user base and TVL in the industry. To promote the development of the Tron ecosystem, Huobi is launching the Memeverse Carnival event. Tron and BitTorrent will provide comprehensive support for the development of meme tokens and their ecosystems.
See below for event details:
- On-chain gas fee refund:
- Once the on-chain trading volume of meme tokens reaches $1 million on Tron and BitTorrent, the gas fees will be fully refunded to the meme token issuers.
- Ecosystem fund support:
- The TRON DAO Ecosystem Fund will establish the Memeverse fund, with a fund size of 20 million TRX, to reward the most popular meme token projects in the Tron ecosystem. The specific allocation is as follows:
- 4 million TRX for outstanding development teams
- 4 million TRX for liquidity incentives
- 6 million TRX for project promotion and community building
- 6 million TRX for meme culture incubation programs
- The TRON DAO Ecosystem Fund will establish the Memeverse fund, with a fund size of 20 million TRX, to reward the most popular meme token projects in the Tron ecosystem. The specific allocation is as follows:
- Listing on Huobi and Poloniex:
- Huobi and Poloniex will provide the maximum support to meme projects based on their popularity and ranking. If you have a meme project with a secure contract and an active user community, you can apply for listing on Poloniex by sending an email to [email protected]. High-quality projects that are listed on Poloniex may be eligible for a green channel for listing on Huobi and better liquidity support on Huobi.
- Innovation support:
- Tron will also support innovative meme projects with unique token designs and concepts, such as the trending ones on Arbitrum and other public chains. If needed, they can apply for technical support and hackathon funding from Tron.
- Marketing and publicity support:
- Developers participating in this event can also enjoy a promotion from Tron, Huobi, and Poloniex communities. For high-quality projects, Tron, Huobi, and Poloniex will provide free support.
- For mature and popular meme projects, Tron, BitTorrent, Huobi, and Poloniex will provide additional support beyond just listing.
Notes:
1. Meme tokens need to be initially issued on Tron and BitTorrent, and cross-chain or one-coin-multi-chain tokens that are not initially issued on Tron and BitTorrent will not receive the maximum support.
2. Huobi and Poloniex will evaluate meme tokens based on various factors such as on-chain address, community, trading volume, and trading activity.
3. The final interpretation of this event belongs to Tron and BitTorrent.
Huobi
May 6, 2023
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Huobi reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice. The above is for information purposes only and Huobi makes no recommendations or guarantees in respect of any virtual asset, product, or promotion on Huobi. Prices of virtual assets are highly volatile and trading virtual assets involves risk. Please read our Risk Reminder text here.