HTX launched the 12th edition of its Primevote event, where 15 projects are set to compete for a coveted listing on the HTX platform. Primevote empowers HTX users to vote for their favorite projects using “Rockets,” which are based on their average asset balance.
The project with the most votes wins a listing on HTX.
How Primevote Works
Primevote enables users to vote using “Rockets.” Each Rocket represents a vote and is equivalent to a 30-day average balance in USDT.
For example, a 30-day average balance of 100 USDT grants a user 100 Rockets to vote. Users’ Rocket values are snapshots taken at the beginning of Primevote and do not freeze any assets, allowing continuous trading and operations.
Event Phases
The Primevote event consists of several phases:
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Warm-up Period (1 day): Projects promote themselves, and users are encouraged to vote. A snapshot of users’ Rocket values is taken.
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Group Phase (2 days): Projects are divided into Group A and Group B. Users vote for projects in both groups, with the top two from each group advancing to the finals.
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Finals (1 day): Votes from the group phase are reset, and users vote again. The project with the most votes in the final phase wins the listing.
Group and Final Phases
In the group phase, users vote over 48 hours. The top two projects from each group proceed to the finals. Votes for projects and users are reset for the final phase, starting fresh competition among the four finalists.
Rewards and Incentives
The winning project is listed on HTX, and the prize pool is distributed among voters based on their voting proportion. The rewards, capped at 50,000 USDT per winner, are credited to users’ spot accounts within seven working days.
Good Luck Prize
Participants also stand a chance to win the Good Luck Prize, constituting 1% of the event’s total prize pool. This prize is determined by a lucky draw using TRON block hash values. Participants who cast 2100 votes during the final phase will be eligible for the draw.
Lead Voters and Followers
Participants can become lead voters or followers. Lead voters can have multiple followers who delegate their votes to them. The votes from lead voters are counted first, followed by the votes from their followers. If a lead voter fails to vote for the winning project, their followers will not be eligible to share the prize pool.
Competition Rules
Voting and Groups
In the group phase, users vote over 48 hours. The top two projects from each group proceed to the finals. Votes for projects and users are reset for the final phase, starting fresh competition among the four finalists.
Final Showdown
The finals will commence 30 minutes after the group phase ends and will last for 24 hours. Regardless of group phase participation, all projects in the finals start with zero votes. The project with the most votes at the end of the finals wins.
Project Highlights
The 15 projects participating in the 12th Primevote event include:
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ECOMI (OMI)
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TABOO TOKEN (TABOO)
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BABY BOOM TOKEN (BBT)
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Chirpley (CHRP)
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Pink Elements (PINK)
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Chickencoin (CHKN)
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Areon Network (AREA)
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Lossless (LSS)
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HiveSwap (HIVP)
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BABYBONK (BABYBONK)
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LessGas (LSGS)
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MSQUARE (MSQ)
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Mumu the Bull (MUMU)
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Orange Crypto (ORNJ)
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Mythos (MYTH)
These projects will undergo rigorous voting, with the community deciding which one will secure the HTX listing.
Strategic Voting
Participants can boost their vote count by using the “Share to Boost” feature. By inviting friends who meet specific criteria, users can double their vote count. The lead voter’s Rocket snapshot votes can be boosted but not the delegated votes from followers.
Lead voters without followers can revoke their status. Followers, once they choose a lead voter, cannot change their status mid-event. Each lead voter can have multiple followers, and the maximum number of delegated votes is 50,000,000.
