HBT (HyperBC Token) is a decentralized crypto asset issued by HyperBC. It is an ecological token circulating in HyperBC ecosystem, and its purpose is to help crypto currency users to carry out value storage, value circulation and value seeking. HBT is an ERC20 token issued on Ethereum, with a total of 1 billion. Its value is pegged to BTC. It can only be obtained by participating in crypto asset mining, crypto currency investment and other businesses in the financial ecology of the HyperBC. There's no pre-mining, no team incentives. HBT users can redeem HBT to BTC at any time on the officially certified platform at a redemption price.
Mining to Obtain HBT
HyperPay users can obtain HBT through PoS currency mapping staking, and the first phase to obtain HBT is through h-Token Staking
PoS currency held by users in HyperPay can be mapped to h-Token (ERC20 tokens) free according to 1: 1 ratio. The first-phase supported mapping currencies include: HC-hHC, QTUM-hQTUM DASH-hDASH. During the period of holding h-Token, in addition to cash withdrawal and real-time trading, users can also enjoy daily h-Token Staking income, and the income will be distributed in HBT. The mapped h-Token can also be exchanged back to the PoS currency at 1: 1 ratio (reverse exchange requires a certain waiting period). If the h-Token is traded out, the subsequent staking profits are also transferred to the assignee.
How to use HyperPay for HBT mapping staking
1. Download and install HyperPay App
Download address: https://www.hyperpay.tech/app_down
2. Create HyperPay off-chain wallet account
Note: all the information in the following pictures such as price and rate is only for testing, does not refer to actual situation
3. Click “ Mapping” on the Home page
3.1. Enter off-chain wallet, and click “Asset mapping”
4. Select the PoS currency you want to map. It supports HC, QTUM, DASH now.
4.1. Click mapping currency to choose the currency you want to map
4.2. Fill in the amount you want to map and click “Mapping”
1. PoS currency mapping to h-Token arrives immediately, and h-Token mapping to PoS currency requires a certain waiting period;
2. No HBT mining reward during the waiting period;
3. When PoS currency mapping to h-Token, the account balance is prioritized.
How to check your HBT in HyperPay
On the Home page of the Hyperpay, pull down to the asset list, and click to add HBT
How to use HBT to redeem BTC
1. On the Home page of the Hyperpay, pull down to the asset list, click HBT
2. Click “Redeem”
3. Enter the redemption amount and click “Redeem now”. The BTC will be sent to you account after T+2 days.