Hooked Protocol(HOOK) New listing on Binance

$0.4048

6.12%

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Subscription for the Hooked Protocol (HOOK) token sale on Binance Launchpad is now open and will remain open for five hours. Users can check their eligibility and commit their BNB to the Hooked Protocol (HOOK) token sale based on their past seven-day average BNB holdings. The BNB rate for the HOOK token sale has been set below.
The subscription period has been extended for two hours due to time conflict with crediting BNB to users’ accounts from Hashflow (HFT) Launchpool. Please note users may commit their BNB anytime during the subscription period, and have a fair chance in receiving Launchpad allocation as per the calculation rules.
After the subscription is complete, Binance will list Hooked Protocol (HOOK) in the innovation zone and open trading for HOOK/BTC, HOOK/USDT, HOOK/BUSD and HOOK/BNB trading pairs at 2022-12-01 14:30 (UTC).

Further information:

1 HOOK = 0.0003381 BNB or 0.1 USD (using a BNB price of 295.8 USD).
Users will have five hours to subscribe by committing their BNB tokens between 2022-12-01 06:00 (UTC) and 2022-12-01 11:00 (UTC). Users must also sign the HOOK Token Purchase Agreement prior to committing their BNB.
- The maximum amount of BNB that each user can commit has been calculated based on their past seven-day average BNB balance.
- Important: Only BNB in user spot wallets can be used to commit. If your BNB is in other accounts such as Launchpool or BNB Vault, you will need to redeem them to your spot wallet first before committing.
- Please note that once committed, your BNB will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals or trading until final token distribution.
After the subscription period ends at 2022-12-01 11:00 (UTC), the HOOK token allocation calculation will begin and will take a total of one hour.
The final HOOK token allocation results will be revealed at 2022-12-01 12:00 (UTC), at which point the respective BNB will be deducted from your already-locked BNB amount within 60 minutes. Once deducted, your HOOK and remaining BNB tokens will both be transferred to your spot wallet.
Reminder: There is a hard cap of 15,000 USD (150,000 HOOK or 50.715 BNB) that can be allocated per user. For detailed calculation rules, click here.
The Hooked Protocol (HOOK) BEP-20 smart contract is available here.