THE:Huobi Global to Support 1.2% Tax Burn Proposal of Terra Classic (LUNC) Network_BIG

DearHuobiGlobalUsers,

Wehavelearnedaboutthe1.2%TaxBurnProposalontheTerraClassic(LUNC)community.Toensureyourtransfersremainunaffected,HuobiGlobalwillsupportthisproposal.

Accordingtotheproposaldescription,ifTFLacceptstheparameterchange,theproposalisexpectedtobeofficiallyimplementedonSeptember13,2022attheTerraClassicblockheightof9,374,400.IfTFLdoesnotapprovethechange,theproposalissettounofficiallytakeeffectonSeptember20,2022attheblockheightof9,475,200.PleaserefertoProposalforthe1.2%TaxParameterChangefordetails.

Toavoidthepotentialincreaseindepositfees,werecommendthatourusersdepositLUNC,USTC,etcontheTerraClassicnetworkintoHuobiGlobalbeforeSeptember12,2022.SpecificplanningondepositsandwithdrawalsofTerraClassicnetworkassetsonHuobiGlobalwillbefurthernotifiedinaseparateannouncement.

Note:SpottradesandotherrelevanttradesofLUNC,USTC,ANC,andCTXC2XontheTerraClassicnetworkwillnotbeaffectedbythistaxburn.Forfollow-upsandmoredetails,pleaserefertoourfurtherannouncements.

Thankyouforyoursupport!

HuobiGlobal

Sept8,2022

TradeonthegowithHuobiGlobalApp(iOS/Android)

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HuobiGlobalreservestherightinitssolediscretiontoamendorchangeorcancelthisannouncementatanytimeandforanyreasonswithoutpriornotice.TheaboveisforinformationpurposesonlyandHuobiGlobalmakesnorecommendationsorguaranteesinrespectofanydigitalasset,product,orpromotiononHuobiGlobal.Pricesofdigitalassetsarehighlyvolatileandtradingdigitalassetsinvolvesrisk.PleasereadourRiskRemindertexthere.

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