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02/05/2020
Distribution Optimization of PoS Staking and BitEarn Rewards
Dear users,
In order to optimize the experience of viewing the PoS staking and BitEarn rewards records, the HyperPay official team intends to optimize the rules for the distribution of the rewards, which will be implemented from Feb 3, 2020.
Optimization:
For each currency, there will set the “floor limit of reward distribution”. If the due reward on the day is less than the floor limit, the system will not issue the reward.
Due to the large fluctuations in the price of cryptocurrencies, the following "floor limit of reward distribution" will be adjusted from time to time according to the market value of each currency, and there will be further notice if there is an adjustment.
PoS Staking Reward Distribution
Currency
Floor Limit
QTUM
0.0006
DASH
0.00001
DCR
0.00007
HC
0.0009
NULS
0.005
VSYS
0.03
ATOM
0.0003
SERO
0.01
IOST
0.25
BitEarn Reward Distribution
Currency
Floor Limit
CNYT
0.01
USDT
0.0014
EOS
0.00034
QTUM
0.0006
BTC
0.00000015
ETH
0.000008
BCH
0.000004
XRP
0.006
ADA
0.03
ETC
0.00013
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02/05/2020
13% Annualized Return! USDT Stablecoin Referral&investment Is Coming
Dear HyperPay users:
HyperPay will launch USDT Stablecoin Referral&investment on Feb 5 at 20:00(UTC+8). Users will get 20% commission of friends investment reward after you successfully invite friends to participate. Details are as follows:
Investment Period and Annualized Return: 30(11%) /90(12%) /180(13%) (days)
Amount: 1,000,000 USDT
Individual Limit: 100 USDT MIN
Launch Time: 20:00 (UTC+8) 5/Feb/2020
Commission Rate: 20%
Rewards Distribution:
Join HyperPay Telegram group(https://t.me/HyperPay_En) to get invitation code; or ask users who have already participated for invitation code.
Earnings of purchased investment product will be accumulated in the way of T+1, which means the accumulation starts after 48 hours after the transferring. Withdraw is not allowed during the period, and both principal and interest will be transferred to your personal wallet together after the maturity.
HyperPay Team
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02/01/2020
Destruction of HPY for Exchanging Boost Coupons in January 2020
Dear users,
HyperPay officially launched the Boost Coupon function on Dec 27, 2019. Users use HPY tokens to exchange Boost Coupons which can be used to increase the interest income of corresponding investment products.
In order to effectively promote the market circulation and application value of HPY tokens, HyperPay team decided to destroy the HPY obtained from exchanging Boost Coupons. All the HPY obtained in the previous month will be destroyed together this month from time to time.
Destruction address is as follows: QT1111111111111111111111111164wEf2. The Boost Coupon HPY destruction plan
is tentatively set for one year.
From Dec 27, 2019 to Jan 31, 2020, users redeemed a total of 579,000 HPY for Boost Coupons, and HyperPay team has transferred all to the destruction address.
After that, the HPY destruction plan will be carried out monthly. Please pay attention to the official announcement. Thank you for your support!
HyperPay Team
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02/01/2020
4th Quarter Buyback and Destruction Completed
Dear users,
The 4th quarter buyback and destruction program was successfully completed, 15 million HPY being destructed, and the HPY destruction address was as follows: QT1111111111111111111111111164wEf2.
As of now, HPY's 2019 buyback and destruction program has been fully completed, with a total destruction of 50 million. Thank you for your supervision and support.
HyperPay team
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01/13/2020
Read Through: Boost Coupon, The First HPY Application Scenario
Dear users,
HPY's first application scenario, Boost Coupon has been launched for some time. Users can use the Coupon to increase the interest rate after adding corresponding additional interest rate to the basic interest rate, so users can get higher incomes.
The HPY paid by users to purchase Boost Coupon enters the official HyperPay address. This part of HPY will be destroyed together with the HPY repurchased every quarter.
Details of HPY destruction can be found at the following address:
https://qtum.info/address/QT1111111111111111111111111164wEf2/
We are going to introduce the purchase and use of Coupon to help you know how to use the function:
[Purchase and Use]
1. Click Boost Coupon button on the homepage to get into the Coupon Store.
2. Select the coupon which you want to buy and pay it in HPY.
3. Select the investment products within the usage range of Boost Coupon, like fixed-term investment products or staking products, and pay it after check the Coupon. Then the interests begin to bear the same time.
[For example]
5000 USDT fixed-term investment of 30 days has the basic interest rate referring to 11%, and you use a +10% USDT Boost coupon, so the final annualized rate is 21%.
Basic interest is 5000*11%/360*30=45.83USDT.
Additional interest will be 5000*10%/360*30=41.66USDT
Total interest is 45.83+41.66=87.49USDT.
[Use Rules]
1. Boost coupon can only be applied for the certain currency's investment product;
2. By using Boost Coupon, the interest rate increases after the basic interest rate adds the additional interest rate
3. Boost coupon can only be used once and cannot be used in conjunction with each other;
4. Boost coupon has valid period and can only be used within the period;
5. If the Boost period is longer than the product's investment period, the investment period prevails and the rest Boost period becomes invalid;
6. Once the Boost coupon is used, it will take effect immediately and cannot be revoked.
More Boost Coupon of other currencies will be launched soon. HPY’s first scenario is being perfected. HPY integrates transaction value and use value, and it has an immeasurably broad prospect.
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12/27/2019
Boost Coupon, The First HYP Application Scenario Is Launched! Use Boost to Boost!
Dear users,
The latest version of HyperPay APP 3.9.15 has been released, bringing you the exciting news: HPY has had its first application scenario, Boost Coupon. More application scenarios are constantly being expanded. At present, HPY has supported bi-exchange with USDT stablecoin at any time, and more mainstream currencies in the future. HPY integrates transaction value and use value, and it has an immeasurably broad prospect.
In order to offer better investment experience by actually increasing the rewards, HyperPay has launched the latest version of 3.9.15 with Boost Coupon function on Dec 23. By using the Coupon, the investment will produce additional interests except for the basic interests, thus you can get more interests!
For example: 5000 USDT fixed-term investment of 30 days has the basic interest rate referring to 11%, so its basic interests is 5000*11%/360*30=45.83USDT. Then you use one +10% USDT Coupon, the additional interests will be 5000*10%/360*30=41.66USDT, which means you will get total interests of 45.83+41.66=87.49USDT.
We are going to introduce the purchase and use of Coupon to help you know how to use the function, and we also organize promotion to distribute benefits:
[Purchase and Use]
1. Click Boost Coupon button on the homepage to get into the Coupon Store.
2. Select the coupon which you want to buy and pay it in HPY.
3. Select the investment products within the usage range of Boost Coupon, like fixed-term investment products or staking products, and pay it after check the Coupon. Then the interests begin to bear the same time.
[Use Rules]
1. Boost coupon can only be applied for the certain currency's investment product;
2. Boost coupon can only be used once and cannot be used in conjunction with each other;
3. Boost coupon has valid period and can only be used within the period;
4. If the Boost period is longer than the product's investment period, the investment period prevails and the rest Boost period becomes invalid;
5. Once the Boost coupon is used, it will take effect immediatly and cannot be revoked.
[Promotions]
First: 7-day +10% USDT Boost Coupon
Rule: Deposit HPY>5000, get one 7-day +10% USDT Coupon
Snapshot Time: Dec 28, 12:00(UTC+8)
Distribution: The Coupon will be issued to your account on Dec 30
Second: 30-day +5% USDT Boost Coupon
Time: Dec 28, 2019 - Jan 18, 2020
Rule: Purchase coupon costs HPY>1,000,000, get one 30-day +5% USDT Coupon
Distribution: The Coupon will be issued to your account on Jan 19, 2020
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12/22/2019
Temporary Closure of NULS Deposits & Withdrawal
Dear HyperPay users,
In order to work with the security upgrade of NULS mainnet, HyperPay will close NULS deposit and withdrawal temporarily.
The deposit and withdrawal will be reopen immediately after the upgrade completion .
Thank you for your understanding and support!
HyperPay Team
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12/18/2019
Announcement On The HyperPay Server Upgrade
Dear users,
In order to improve your experience when using HyperPay, its server will be upgraded from 22:00 to 23:00 (UTC + 8) on December 18, 2019. The app will not be able to log in during the upgrade, and it will be available again after the upgrade. We apologize for any inconvenience.
Thank you for your understanding and support!
HyperPay Team
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