HashKey Global Unveils HSK Mega Launchpool, Enabling Users To Lock HSK And Share In Million-Dollar Prize Pool
In Brief
HashKey Global introduces the HashKey Mega Launchpool for HashKey Platform Token holders to celebrate its global listing.
Cryptocurrency exchange HashKey Global has announced the launch of its HashKey Mega Launchpool for HSK token holders to celebrate the global listing of the HashKey Platform Token.
This campaign offers a unique million-dollar Mega Prize Pool, where participants can earn HSK, ALEO, and KAIA tokens over a 30-day period, based on the amount of HSK tokens they lock. The HashKey Mega Launchpool page will go live at 8:00 UTC on November 27, and users can begin locking their HSK tokens in the Mega Pool starting at 8:00 UTC on November 28. The yield generation will begin at 9:00 UTC on November 28.
The total supply of HSK tokens is 1 billion, with a launchpool lock cap of 15 million HSK. The maximum lock amount per user is 500,000 HSK, while the minimum is 1 HSK. The campaign supports three pools—HSK, ALEO, and KAIA—allowing participants to lock 500,000 HSK, 100,000 ALEO, or 2.5 million KAIA. Rewards will be calculated hourly and distributed either after the launchpool ends or every 24 hours.
Additionally, users can invite friends to the campaign and earn a share of an extra 10,000 HSK in the prize pool. Inviters will receive 10 HSK for each successful referral who joins the launchpool. This promotion operates on a first-come, first-served basis.
What Is HSK Token?
HSK is the platform token of HashKey Group, built on the ERC-20 standard, and is intended for use across all HashKey businesses, including globally licensed exchanges, investment and asset management, tokenization, infrastructure services, and more.
Furthermore, HSK serves as the native token and gas token for HashKey Chain, a Layer 2 public blockchain, supporting the long-term growth of the ecosystem. HSK is also designed to integrate seamlessly with external ecosystems, fostering collaboration and synergy between internal and external projects.
As per the HSK tokenomics, 65% of the total token supply is allocated for ecosystem growth, 30% is reserved for the team, and 5% is set aside for reserves.
Disclaimer
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
