Dear Hoo users,
Hoo.com will list FO (FIBOS) and its gain right token TFO. Users are encouraged to apply for free TFO tokens by filling out the application form. By returning the TFO in the future to exercise your gain right will bring you great benefits, and the unexercised TFO can be withdrawn to the on-chain wallet to continue to exercise.
FO deposit: 12:00 on Dec. 26, 2019
FO/USDT trading: 15:00 on Dec. 26, 2019
FO withdrawal: 18:00 on Dec. 26, 2019
TFO/USDT: 15:00 on Dec. 31, 2019
Please stay tuned to our latest announcement on TFO withdrawal date.
How to get free TFO?
- Apply for free
1) All users who have passed the KYC are qualified to apply to share the 2,888,888 TFO prize pool.
2) Fill in the application form: https://forms.gle/YTGfxvG6dsDCRwrK8
3) Application deadline: 18:00 on Dec. 30, 2019 (UTC+8)
- Snapshot of your FO positions
At 18:00 on Dec. 30, 2019 (UTC+8), Hoo.com will snapshot the FO positions of Hoo users and send out 1,666,666 TFO based the amount of FO they hold.
The TFO will be sent to the wallet account of Hoo users before 15:00 on Dec. 31.
TFO Gain Right Rules
By holding TFO, users will get 30% ARR in 30 days and 100% in 60 days.
TFO exercise period: in 30 days or 60 days (the remaining tokens can still be withdrawn to the FIBOS network when the event is over and continue to exercise)
Exercise entrance: Hoo Power
On the day of exercising (in 30 or 60 days), users who hold 1FO and 1TFO will get 0.025 FO(in 30 days) or 0.166 FO(in 60 days) as their rewards. The exercised tokens will be burnt.
Withdraw TFO to Continue to Exercise
To better serve Hoo users and FIBOS community and to let more users experience the charisma of DeFi, we have enabled “Blockchain Permanent Exercise Mechanism” together with FIBOS. With the help of FIBOS DEX, the TFO which used to have an expiry date now can be exercised without an expiry date. The expired TFO in 60 days can be withdrawn to FO wallet. Users then can gain profits by trading FO/TFO.
- Visit wallet.fo to download the wallet APP and register for a FIBOS account. Withdraw the TFO to FO wallet account.
- Search for FTO/FO trading pair in the “Market” page.
- Sell TFO with TFO: FO = 40:1 or 30:1 or 20:1 via the DEX trading, that is about 15%-30% ARR. Those who come first get a higher rate.
Dec. 24, 2019