HADAX 2.0 regime creating value for HT holders

The new HADAX 2.0 regime received wider applause from the Huobi community as it completed its first round of open voting. The open voting was carried out for four projects which are Huobi Pool Token (HPT), Rate3 Network (RTE), Tripio (TRIO), and MuxiCoin (MXC).
Three out of the four projects surpassed their voting targets: HPT, RTE, and TRIO which makes them eligible to proceed to the next phase of voting for listing on HADAX. Remarkably,
· HPT acquired 10 times more than the projected votes totalling 750,000 votes
· RTE acquired 3 times more than the target of 210,000 votes
· TRIO acquired 50 per cent more than the targeted votes of 400,000.

Such a strong support from the Huobi community of voters instils a greater confidence in the new regime and portrays Huobi’s continuous efforts on improving and developing autonomous regime. More information about HPT, RTE, and TRIO is available on Huobi’s new project centre platform and new users can register here.
What is HADAX 2.0 regime?
The new HADAX 2.0 regime proposes to add value to the Huobi token holders and to give an opportunity to new projects by creating a unique listing process for the digital asset marketplace. Thus, the main advantage of holding HTs is that it gives the token holder a right to vote for these new projects. The focus of the regime is on the corporate level as well as on the community-level responsibility. The listing of the project consists of 5 stage:

HPT
HPT, a sub-token for Huobi token which was issued on 19 August 2018, is dedicated to “Double Mining” that will create a lasting contribution to the Huobi globalisation. These tokens are certificates of rights and interests issued by Huobi Pool with its total supply of 10 billion. In-built mining services to wallets are provided for miners by Huobi Pool, enabling miners to procure a stable mining income.
TRIO
The first ever blockchain based travel marketplace, leverages on decentralised network for connecting directly to global customers and service providers. A service ecosystem is provided by the company which is based on transparent, tamper-resistant trust and incentives. The total supply of TRIO tokens is 5 billion with a current circulation of around 1.75 billion.
RTE
A decentralised dual protocol,Rate3 Network bridges enterprises to blockchain via identity management and cross-chain asset tokenization. The end-to-end protocol is formed on Ethereum and Stellar which utilises a combination of trusts, custodian accounts and legally-enforceable smart contracts for guaranteeing legally-recognized ownership rights and specifying how trustees manage assets. PayPal and IOST have formed a strategic partnership with Rate3.
HADAX’s contribution towards its community:
Huobi has left no stones unturned to continuously enhance its user experience and to provide continuous developments and value addition to its community. HADAX 2 regime is another step forward in that direction. Moreover, HADAX has a delisting mechanism and the power as an exchange to give warning to projects in times of setbacks and to delist them if the warnings have not been acted upon. As a result, the quality of the projects being listed are continuously supervised and voters receive benefits through value addition.
More information about Huobi Pro HADAX can be foundon https://www.hadax.com/projectcenter/
