What is the use of Huobi HT

What is the use of Huobi HT? According to the official announcement of Huobi Gl

What is the use of Huobi HT

What is the use of Huobi HT? According to the official announcement of Huobi Global, Huobi HT is used for the following purposes on the website hx.com:

1. By taking snapshots of all transactions, it determines whether the user’s assets are digital currencies issued on the Huobi public chain.

2. Users can mortgage HT to designated wallets (such as Huobi) to receive rewards, or use HT in wallets for activities such as pledging and borrowing.

3. Before recharging HT to Huobi, a certain amount of time lock-in needs to be set and HT assets cannot be unbonded to avoid fund loss.

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