Exciting News: HAG Introduces Round Mode for the Second Tranche of STO
Dear HAG Community, we are thrilled to announce a significant update regarding our ongoing Second Tranche of STO. In our unwavering commitment to investor satisfaction and efficiency, we are implementing a round mode approach for the Second Tranche of STO, ensuring optimal investor benefits and timely returns. In brief, you don’t need to wait till the close of the trance and could get the net yield distribution faster!
How it works
Basically, we add different “Rounds” under tranches. The offering prices remain the same under the same tranche. For example, there might be 6 rounds within the second tranche all priced at $71. The faster you join a round, the faster you start receiving your net yield distribution regardless of the time you receive the HAG token. Since we get your investment contract and the amount you invested, we could accurately calculate the amount of net yield that should be distributed to you.
1. Close of Certain Round: Marks the closure of a specific investment round.
2. Deployment of New Mining Servers:
New mining servers are prepared and set up within a maximum of 65 days after the round closes. During this period, the servers are configured and tested to ensure they are ready for operation.
3. Net Yield Generation:
The net yield generated by these new servers in the days following their activation belongs to investors. This yield is initially placed in a separate mining pool dedicated to the investors for this specific round.
4. Combination of Mining Pools:
The timeline extends from the servers going online to the end of month, taking additional N days as needed. After the end of the calendar month, the separate mining pool is to be combined with the main pool.
5. Net Yield Distribution Day:
Occurs within 5 business days after the end of the month. This is when the net yield (in WBTC) from the newly combined pools is distributed among the investors.
6. Distribution of HAG Tokens:
HAG tokens are issued to the new investors after the closure of the 2nd tranche. These HAG tokens are distributed alongside the nearest net yield distribution.
Additional Notes:
- A “Round” differs from a “Tranche”, with multiple rounds potentially existing within a single tranche.
- The purpose of rounds is to provide investors with quicker access to net yield distributions, but HAG tokens are only distributed after the closure of a tranche.
- The offering price for different rounds within the same tranche remains consistent.
The target amount of a certain round.
The current investment amount for the first round under Second Tranche of STO stands at approximately $180,000 until the weekend of 12th May 2024. Upon reaching the milestone of $200,000, we will close the first round. Of course, it will not be a hard close if we reach $200,000. We will announce the official closing date once the milestone is reached.
Subsequently, for every additional $50,000 in investment, we will close another round, until we announce the closure of the Second Tranche of STO. We will soon have the progress bar on our website. Therefore, you could check the progress and make your own decision.
Transparency
Throughout the process, we are committed to maintaining transparency and providing regular updates to our valued investors. We understand the importance of clear communication, and we pledge to keep you informed every step of the way. We will also provide the observation link of the separate mining pool mentioned above.
Summary
As we embark on this exciting phase of our journey, we extend our heartfelt gratitude to each member of the HAG community for your unwavering support and trust. Your belief in our vision propels us forward, and we are committed to delivering on our promises.
At HAG, we firmly believe in the power of collaboration and innovation. We heard the feedback from our strong community and enhanced the fundamentals of HAG. With the introduction of round mode for our Second Tranche of STO, we are paving the way for a better streamlined and investor-friendly experience. Together, let us continue to build a brighter future for cryptocurrency investment.
Stay tuned for further updates as we progress towards our shared goals.
About Hashrate Asset Group
Hashrate Asset Group aspires to build the world’s first sustainable, compliant and transparent Bitcoin standard arithmetic operating model. HAG Token allows investors to join the ecosystem and receive a real-time return on your investment. HAG mining farm is located in the United States, and the team is composed of industry-leading professionals from Bitmain, Goldman Sachs, and TSMC.
Website: https://www.hagsto.com/
Twitter: https://twitter.com/HashrateAsset
Telegram: https://t.me/HashrateAsset
Medium: https://medium.com/@HAGSTO
