Users Need To Take Steps By 10 January To Avoid Loss Of Assets
Huobi’s Layer 1 blockchain HECO Community has introduced its official sundown date, saying that it’ll stop operations on January 15, 2025.
Launched on December 10, 2020, the HECO Community has served as a key element of the Huobi ecosystem, however will now transition HRC20 belongings into the platform’s token, HTX.
In an announcement, HECO outlined the steps for customers holding HRC20 belongings, together with HRC20ETH, HRC20TUSD, HRC20LINK, HRC20USDC, HRC20UNI, HRC20SHIB, HRC20HBTC, and HRC20USDT. Customers must deposit these belongings to the addresses designated on HECODAO’s official web site earlier than January 10, 2025.
Deposited belongings will probably be transformed into factors primarily based on their value on November 10, 2024, with 1 USDT being equal to 1 level. These factors will probably be linked to the pockets addresses linked to customers’ HECO accounts.
After the deadline of January 10, 2025, all accrued factors will probably be topic to remaining calculation and redeemed for HTX tokens.
The method will probably be accomplished in 12 batches and customers will obtain HTX tokens within the TRON community addresses supplied throughout the redemption course of.
*This isn’t funding recommendation.
