Retirement of HECO Network and Removal of Some HRC20 Assets

The HECO Network will retire on Jan 15, 2025 (UTC), coupled with the removal of some HRC20 assets (i.e. HRC20ETH, HRC20TUSD, HRC20LINK, HRC20USDC, HRC20UNI, HRC20SHIB, HRC20HBTC, and HRC20USDT). Holders of these HRC20 assets can visit HecoDAO's official website (https://heco123.com) and deposit their assets to the designated address before Jan 10, 2025.

The deposited assets will be calculated at their prices on Nov 10, 2024, with each 1 USDT equivalent converting to 1 point. Points will be linked to the users' wallet addresses connected to their HECO accounts. Upon the conversion deadline of Jan 10, 2025, all accrued points will undergo a final calculation and redemption to $HTX, with 1 point ≤ 200,000 $HTX.

Linear distribution of $HTX will commence on January 15, 2025, and will be completed in 12 batches. Users’ TRON network addresses, as provided during the point redemption process, will be used to receive $HTX.

Further instructions on the $HTX claim process will be provided in due course.