IEO Reserve Protocol to be Held on Huobi Prime on May 22 Huobi Global cryptocurrency exchange will conduct an Initial Exchange Offering (IEO) Reserve Protocol on its Huobi Prime platform on May 22.

IEO Reserve Protocol will take place on Huobi Prime on May 22

Cryptocurrency exchange Huobi Global will conduct an Initial Exchange Offering (IEO) Reserve Protocol on its Huobi Prime platform on May 22.

“Due to the extremely high demand from previous campaigns,” Huobi decided to increase the requirements for the selection of potential investors. To participate, they will need to have kept at least 1,000 HT in their accounts for the previous 7 days.

As in the course of the last IEO, the distribution will be carried out in two stages, where the participants of the first are invited to try to purchase tokens on a first come, first served basis, and during the second, each of them will receive a guaranteed allocation depending on the individual coefficient and the total volume of applications..

The maximum investment amount for one account, provided that 5,000 HT are stored on it for 7 days, will be 2,000 USDT.

The Reserve Rights token (RSR) distributed through IEO is designed to maintain a stable rate of the issued Reserve stablecoin RSV. The goal of the project is to create a public store of value that is not subject to inflation and can also act as a tool for everyday calculations..

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