Huobi Global, one of the world’s leading digital asset exchanges, announced the launch of Primepool, a digital asset mining platform that aims at offering users an easy and convenient method to participate in the ecological development of the new-listing projects. This follows the setup of Pioneer Zone, a trading sector dedicated to building a bridge between investors and high-quality projects.
The Primepool is launched based on “New Assets” and “DeFi Mining” activities held by Huobi previously. Users would be able to participate in the asset-locking activities and gain rewards through staking designated assets on Primepool.
“As a safe and reliable mining platform, Primepool allows users who are interested in the project to take part in its ecological development with a low barrier of entry, and thereby obtain greater wealth effects,” stated Ciara Sun, Vice President of Global Markets at Huobi Group.
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The first project listed on Primepool is DeFine, a unique NFT-based decentralized social network for web 3.0, which was born with a mission to facilitates social interaction, engagement and communication for creators and their fan bases with its native DFA token.
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“Despite the fact that many premium projects emerging in recent years, lots of retail traders are still not able to access these projects. By offering them an opportunity with the introduction of Primepool, we want to show that the market is not just for investors with large investing budget. I believe this will also enhance inclusiveness in the crypto space and help build a sound crypto ecosystem,” commented Ciara Sun.