Huobi’s Layer 1 blockchain HECO Community has introduced its official sundown date, asserting that it’s going to stop operations on January 15, 2025.
Launched on December 10, 2020, the HECO Community has served as a key part 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 might be transformed into factors primarily based on their worth on November 10, 2024, with 1 USDT being equal to 1 level. These factors might be linked to the pockets addresses linked to customers’ HECO accounts.
After the deadline of January 10, 2025, all accrued factors might be topic to last calculation and redeemed for HTX tokens.
The method might be accomplished in 12 batches and customers will obtain HTX tokens within the TRON community addresses supplied through the redemption course of.
*This isn’t funding recommendation.
