Details of Hooked Protocol (HOOK) Token Sale

Binance Launchpad will open the Hooked Protocol (HOOK) investment channel at 14:00 on December 1, 2022 (Eastern Eighth District time).

This time, the Launchpad adopts the investment mode, and the investment is based on the average daily BNB holdings of users for 7 days.

Users can check the investment qualifications on the web page or APP client and make an investment. The investment period is 5 hours.

Due to the conflict with the BNB distribution time of Hashflow (HFT) new currency mining, the purchase time of this launchpad will be extended by two hours.

Please note that users can complete the investment at any time during the subscription period, and the distribution results of Launchpad will not be affected by the time of investment.

After the investment is over, Binance Innovation Zone will list Hooked Protocol (HOOK) at 22:30 on December 1, 2022 (Eastern Eighth District time), and open HOOK/BTC, HOOK/USDT, HOOK/BUSD, HOOK/BNB transactions market.

The specific investment information is as follows:

Exchange ratio: 1 HOOK = 0.0003381 BNB (0.1 USD, based on the BNB price of 295.8 USD).

It will be open for investment at 14:00 on December 1, 2022, East Eighth District Time. Users need to sign a purchase agreement when investing.

Please make an investment within 5 hours, and you will not be able to invest if it is overdue.

The upper limit of BNB that each user can subscribe is the user’s 7- day average BNB holding record.

Important note: Only the BNB in ​​the spot wallet can be used to participate in the investment, and the BNB in ​​other accounts (such as the BNB in ​​the new coin mining account or the BNB income pool) needs to be transferred to the spot wallet to participate in the investment.

BNB cannot be withdrawn after being invested, please operate after confirmation.

After the investment is completed, the BNB involved in the investment will be locked, and related services (transfer, withdrawal, transaction, etc.) cannot be used until the token distribution is completed.

The investment channel will be closed at 19:00 on December 1, 2022, East Eighth District time, and the calculation of token distribution results will start, and the calculation process will take 1 hour.

The result of the token distribution will be announced after 20:00 on December 1, 2022, Eastern Eighth District Time, and the corresponding amount of BNB will be deducted from the user’s locked BNB balance within 60 minutes.

After the BNB deduction is successful, HOOK tokens and the remaining BNB will be distributed to the user’s spot wallet.

Note: The hard cap of tokens that can be allocated to each user is 15,000 USD equivalent tokens (150,000 HOOK, deducting 50.715 BNB). Click to view the operation rules of Binance Launchpad’s new investment model.

Go to Binance’s Official Website