THE:Follow-up Notice on Gala Token Abnormality Event (5)_GALO价格

DearHuobiUsers,

Inthespiritofprotectingusers'assetsandaftergood-faithcommunicationwiththeGalateam,HuobiwilldelisttheGALA/USDTpairat12:30(UTC)todayandrenameGALAasPGALA.Inthemeantime,theconcernedassetswillberedeemedfornewGALAassetsasarrangedbelow：

1.Huobiwillconvertusers'PGALA(formerGALA)assetsthatmeettheredeemingconditionstoGALA(newGALA)assetsat1:1.Thefollowingassetsnapshottimeandformulawillbeusedtodetermineusers'PGALAassetholdingsandtheredeemableamount.ThePGALAassetsafterconversionwillbeburnt.

2.Theredeemingconditionsandsnapshottimearedefinedasfollows:

1)Users'PGALAassetsintheirspot,futures,strategy,andmarginaccountsat20:15(UTC)November3,2022.(AnyoutstandingPGALAborrowingsbymargintraderswillbedeductedfromtheirsnapshotassetbalances);

2)Users'PGALAassetsthatweredepositedandarrivedatthetargetaddressesviatheERC20chainduringtheperiodfrom20:15(UTC)November3,2022to04:15(UTC)November4,2022.

Eitherorboth,asthecasemaybe,ofusers'PGALAassetsinthesetwoscenarioswillbecomparedtotheirPGALAholdingsatthedelisting&renamingtime,thelowervalueofwhichwilldeterminetheamountforthe1:1conversion.

Example:Auserheld100PGALAat20:15(UTC)Nov3,anddepositedatotalof100PGALAfrom20:15(UTC)Nov3to04:15(UTC)Nov4(100PGALA100PGALA=200PGALA).Atthedelisting&renamingtime,thisuserholds150PGALA.Thentheredeemableamountshallbethelowerone,i.e.150PGALA.

Note:Theminimumredeemableamountis0.000001PGALA.

3.TheconversionstartsassoonasthedelistinghappensandisexpectedtobecompletedonNovember5atthelatest.Pleasefollowuponyourassetstatus.

Duetolocalregulatoryrestrictions,usersbasedinthecountries/regionsofChinaMainland,UnitedStatesofAmerica,Canada,Japan,Cuba,Iran,NorthKorea,Sudan,Syria,Venezuela,Singapore,andCrimeawillnotbeincludedinthisassetconversion.Formoreinformation,pleaserefertotheTermsofUseofHuobi.

Weappreciateyourunderstandingandsupport.

HuobiGlobal

November4,2022

TradeonthegowithHuobiGlobalApp(iOS/Android)

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HuobiGlobalreservestherightinitssolediscretiontoamendorchangeorcancelthisannouncementatanytimeandforanyreasonswithoutpriornotice.TheaboveisforinformationpurposesonlyandHuobiGlobalmakesnorecommendationsorguaranteesinrespectofanyvirtualasset,product,orpromotiononHuobiGlobal.Pricesofvirtualassetsarehighlyvolatileandtradingvirtualassetsinvolvesrisk.PleasereadourRiskRemindertexthere.

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