Huobi mining GUIDE
Mining is a process during which mathematical puzzles are solved, as a result of which new blocks of information are released. This brings in a certain amount of electronic money, which is deposited in a common piggy bank and registered in the public "ledger" (blockchain). Also at this time, transactions with existing coins are processed. They are checked on the computing devices of the P2P network participants and added to the blockchain.
During the mining process, the latest transactions are verified for authenticity and compiled into blocks. The participant who first solves this problem receives a reward. This approach was specifically conceived as an incentive for those who donate the computing power of their computers to keep the network running and mine new coins. For the first time, such a method was applied in the digital currency Bitcoin, and at the moment most of the other cryptocurrencies operate on similar principles.
However, using Huobi Primepool you can benefit miners and earn % by locking precise token:
1) Desktop version
1. Follow the link - https://www.huobi.com/en-us/topic/defi-list/ (Press "Finance" and in the drop-down menu select "Primepool")
2. There you could find different pools with a detailed info about the token to be staked, Annual Yield in past 3 Days, total cap to be staked and Lokc-up period.
2.1 We can choose ended pool as example - FILDA and press "view details"
FilDA is the first HECO-based cross-chain lending DeFi project which provides users with deposit, lending and liquid mining services. It now supports lending for 20 kinds of assets, including HUSD and HBTC. Interest and FilDA can be obtained by depositing digital assets, and FilDA can be earned by borrowing digital assets. Users can also deposit FilDA single currency in DAO and participate in community governance to get FilDA incentives.
Staking Rules
- 1.Campaign start: 2021/4/7 15:30 (GMT+8)
- 2.Campaign end: 2021/4/14 15:30 (GMT+8)
- 3.During the campaign, the staked FILDA will count towards the computation of holding snapshots.
- 4.The staked FILDA will be terminated automatically when the campaign ends.
- 5.Reference income is for reference only. Rewards is FILDA.
- 6.The reward will be distributed to your exchange account after the end of campaign.
- 7.The content of the announcement and other information on Huobi Global is not a suggestion of investment advice. Huobi will not bear any direct or indirect losses arising from reliance on such information. Huobi does not assume responsibility for guarantees, compensation, etc. for trading or staking.
3. There you should enter the amoun of token FILDA. By the way, you can find below the minimum and maximum purchase amount, in our case it is 10 and 1000000 accordingly.
2) Mobile version
1. Go to the gome page and find the icon "more"
2. Press the icon "Primepool"
3. Here you can find a pool you need. In our case it is FILDA. By the way, there is detailed info about the token to be staked, Annual Yield in past 3 Days, total cap to be staked and Lokc-up period.
4. On this page you should enter the amoun of token FILDA. By the way, you can find below the minimum and maximum purchase amount, in our case it is 10 and 1000000 accordingly.