Ecological Points HSK: A Look into Hashkey Group’s Latest Product Launch

On April 12th, HashKey Group, a digital asset financial service provider, announced the launch of the Ecological Points HSK, with a total supply of 1 billion pieces. 65% of the HSK will be allocated to ecological growth, 30% to teams, and 5% to reserves. HSK will be distributed as a reward for using HashKey exchange business, and will be expanded to more business line reward programs in the future. HSK will regularly repurchase and destroy from the circular supply to offset the dilution effect of reward allocation.

HashKey Group Launches Ecological Points HSK: With a total supply of 1 billion pieces, 65% will be allocated to ecological growth

In April 2021, HashKey Group, a digital asset financial service provider, announced the launch of the Ecological Points HSK with a total of 1 billion pieces. This article is an in-depth review of the new product.

What is HashKey Group?

Before we dive into the product, let’s first understand what HashKey Group is. The Hong Kong-based company is an integrated digital asset financial service provider. It was established in 2018 and has a team of more than 300 employees towards providing institutional-grade digital asset services to institutional investors, professional traders, and retail investors.

Ecological Points HSK

Ecological points HSK is a reward system that rewards users for using the HashKey exchange business. HSK (HashKey Points) is a utility token that provides exclusive privileges, including but not exclusive to discounts, interest, and liquidity to the holder.

What are the uses of HSK?

HSK can be used to pay for transactions, including trading fees and withdrawal fees. Additionally, HSK holders can enjoy VIP exclusive benefits, such as discounts on fees, borrowing, and any discounts provided by the HashKey Group’s strategic partners, including market data providers, security providers.

Allocation of HSK and Future Plans

Of the 1 billion pieces of HSK distributed, 65% will be allocated to ecological growth, meaning expanding the product to other rewards programs, 30% to teams, and 5% to reserves. The HSK will be distributed as a reward for using HashKey exchange business and will be expanded to more business lines reward programs in the future. HashKey has said that it will regularly repurchase HSK from the circular supply and destroy it to offset the dilution effect of reward allocation.

Benefits of Having Ecological Point HSK

By participating in the reward program, users will earn HSK, which has various use cases such as discounts, interest, and liquidity, and this will be a very attractive proposition to loyalty users. Moreover, HashKey users can receive exclusive discounts on selected Cryptocurrencies and other cryptocurrencies products not available in public.

The Future of Cryptocurrency

Undoubtedly, the adoption of cryptocurrencies has surged in recent years. Integrating cryptocurrency into daily life and offering discounts and loyalty incentives can help promote this adoption even further. By executing innovative solutions like Ecological Points HSK, HashKey Group is elevating its overall customer experience and engagement while expanding its market presence.

Conclusion

HashKey Group introduced the HSK product to give its users the opportunity to enjoy benefits such as discounts on fees, borrowing, and further benefits provided by HashKey’s strategic partners. The repurchasing and destruction of HSK from the circular supply help to prevent it from losing value due to the reward allocation dilution effect. This new product demonstrates HashKey Group’s innovative approach to offering a seamless and value-added exchange for its global customers, paving the way for further adoption of cryptocurrency.

FAQs

Q1. How can I earn HSK?
A1. You can earn HSK by using HashKey exchange business and by participating in its reward programs.
Q2. Can the HSK token be bought or traded on exchanges?
A2. No, HSK tokens are currently only available through rewards programs provided by HashKey.
Q3. What are the other benefits of using HashKey exchange besides earning HSK tokens?
A3. Other benefits of using HashKey exchange include exclusive discounts on selected Cryptocurrencies and other cryptocurrencies that aren’t available to the public.

Key Words

Cryptocurrency, Ecological Points HSK, Digital Asset Financial Service, HashKey Exchange Business, HashKey Group.