On October 10, Huobi HTX announced the joint contract deposit model and Yubibao officially launched the USDD coin, and simultaneously launched a triple limited-time benefit campaign to bring users a more efficient asset utilization experience and rich rewards.
Triple benefits, fully empowering USDD users
According to the announcement, from 12:00 on October 11 to 12:00 on October 21 (UTC+8), users can enjoy the triple benefit campaign by clicking “Register Now” on the event page, activate USDD Alipay and switch to the joint deposit mode:
USDD Yubibao is 10% annualized for a limited time: During the campaign period, registered users can receive 10% annualized income when they activate USDD Yubibao, and interest will be paid on T+1 day in the form of interest points.
Transfer 2% cashback from a contract account: Transfer USDD to a U-standard contract account. If the net transfer amount is greater than 100 USDD, you can enjoy 2% cashback, with a total prize pool of 20,000 USDD, on a first-come, first-served basis, up to 200 USDD for a single user.
Share 30,000 USDD on the trading list: During the campaign period, using a joint margin model to meet the average daily USDD snapshot amount of at least 100 USDD and a cumulative contract transaction amount of at least 10,000 USDT in the U-standard contract account, rewards will be distributed according to ranking and proportion of transaction volume, sharing 30,000 USDD, with a maximum reward of 3,000 USDD per person.
According to reports, USDD (official social media community: https://link3.to/usdd) is a decentralized stablecoin deployed in Wavefield TRON and Ethereum. It has the characteristics of safety, transparency, and stability. It uses secure settlement, dynamic adjustment of collateral assets, and an advanced risk management system, and maintains a 1:1 anchor with the US dollar. Since upgrading to USDD 2.0 this year, it has achieved seamless integration with decentralized finance (DeFi), while introducing efficient clearing processes, collateral auctions, and stablecoin exchange tools (PSM) to maintain market stability. The USDD 2.0 ecosystem focuses on long-term development, empowering users and protecting protocol security through real-time monitoring and community-led decision-making mechanisms.
Easier operation: Yu Bibao and Joint Security Deposit can be opened with one click, and assets can be efficiently transferred
The Huobi HTX joint deposit model allows users to use various tokens as security deposits for USDT-based contracts according to a certain ratio in the full position mode. This means that users' idle assets can be fully activated to improve overall capital utilization.
Yu Bibao automatically calculates profits by taking a snapshot of the contract account assets. Users can still transfer or trade at any time while opening YuBiBao without any restrictions.
In terms of operation, users only need to switch the asset mode on the contract page to enable the joint deposit function. The launch of Yu Bibao also requires only an advertisement on the app-side of the contract asset - go to the Yu Bibao page, or select Yu Bibao in the web navigation contract column and click “Open with one click” to take effect immediately. The operation is intuitive and convenient.
With the USDD access contract joint security deposit and Yu Bibao, Huobi HTX has not only further enriched users' asset allocation methods, but also expanded more diversified trading and financial management scenarios. In the future, Huobi HTX will continue to optimize the user experience, accelerate the launch of more innovative financial instruments, and help users achieve efficient asset growth.
About Huobi HTX
Huobi HTX was founded in 2013. After 12 years of development, it has evolved from a cryptocurrency exchange to a comprehensive blockchain business ecosystem, covering digital asset trading, financial derivatives, research, investment, incubation and other businesses.
As the world's leading Web3 portal, Huobi HTX adheres to the development strategy of global expansion, ecological prosperity, wealth effect, safety and compliance, and provides comprehensive, safe and reliable value and services to virtual currency enthusiasts around the world.
For more Huobi HTX information, visit https://www.htx.com/ or HTX Square, and follow X, Telegram, and Discord. For further questions, please contact glo-media@htx-inc.com.