Dear Hoo Users,
In the past six months, DeFi mining based on Heco, Bsc, and other ecological chains has developed rapidly, and innovative empowerment has emerged one after another. The number of users and the amount of funds participating in Defi have repeatedly reached new records. Relying on the excellent network effect of the ecological chain and the mechanism innovation of many DeFi projects, the crypto assets on the chain have greatly improved the efficiency of capital flow, and the value contained in it has also been fully explored.
However, while the exchange ecological chain is rapidly developing, we have noticed that due to various factors, many Polkadot ecological projects do not have a good channel to participate in it. In fact, Polkadot not only has many high-quality projects with great potential, but also has the industry's leading ecological facilities and user groups. So far, they have not been able to participate in the construction and activities of Heco, Bsc and other ecological chains. It can be regarded as a common regret for the communities of both sides.
Regarding this situation, Pippi Finance, TokenPocket Wallet and Hoo have decided to take up this responsibility and work together to introduce high-quality projects of the Polkadot ecology into Heco and the broader ecology. The project value of Polkadot eco-system is further demonstrated, and it also provides convenient channels for the majority of users in the Polkadot community to participate in DeFi stakings, minings and other activities.
Considering KSM's extensive community foundation and unique value, we will choose Kusama as the first joint mining project. The details are as follows.
Pippi Finance will open $KSM/$USDT mining pool at 6 PM, April 13th, 2021 SGT, Pool weight x1
As the leading decentralized multi-chain wallet in the industry, TokenPocket provides reliable digital asset management services for 10 million users around the world. TokenPocket will provide sufficient traffic support and resource support for this event. Users can click the banner on the homepage and popular recommendations to enter Pippi Shrimp Swap for participating in trading and mining.
As one of the best trading platforms with rich multi-chain experience in the industry, HOO will provide safe and reliable cross-chain technical support for this event.
Users can deposit KSM tokens to their Hoo account, then choose “Heco chain” when making withdraw to TokenPocket Wallet. Thus to join in the KSM mining activity in Pippi Finance.
The “KSM-Heco” token is issued by Hoo.com, users can enjoy a smooth token conversion experience on the Hoo platform.
Token Name: Kusama Token (KSM)
Contract Address: 0x5242bf8f601ae0bbe12aa2a3572bd4029adc2b2b
Max Supply: 1000000
About: Hoo Platform issued this token, users can always convert “KSM” to “KSM-Heco”through Hoo Platform at 1:1 ratio, vice versa.
We look forward to building a bridge between the Polkadot eco-system and exchange’s public chain, so that users in the Polkadot community can fully enjoy the fun and value dividends of the DeFi world. In fact, several high-quality Polkadot projects have expressed their willingness to cooperate and are making relevant preparations. Soon, they will cross this bridge to Heco and even the wider DeFi world. We believe their value will be further demonstrated. We also wish Polkadot’s friends to have fun with us!