Is the HTX × WLFI USD1 Points Program worth pursuing? My practical framework and fundamental judgment To determine whether to play or not, the prerequisite is that the fundamentals of USD1 have passed. One sentence conclusion: Charge! Must rush! We see this event as an early ticket to the expansion of the new compliant stablecoin: you can exchange your real behavior of trading/holding coins/participating in financial management for points, which are then mapped to the priority distribution rights of "official airdrops+benefits". I will explain it in two parts: ① USD1 Fundamentals: Compliance, Transparency, and Expansion Speed • Issuance and Custody: USD1 is issued and redeemed by BitGo, with reserves held in a qualified trust account of BitGo Trust. Monthly Attestation reports are issued by Crowe LLP. This is a "traditional financial style" disclosure and custody path, which is more "accounting oriented" compared to common stablecoins. https://landing. (bitgo.com)/rs/552-OGK-141/images/USD1_Reserve_Attestation_Report_April_2025%20.pdf Reserve composition: The report shows that reserves consist of cash and equivalents, short-term US bonds, government money market funds, etc., with the core being the ability to redeem 1:1. • Volume and growth: The 4/30 report disclosed a redeemable supply of approximately 2.128 billion yuan; The 5/31 report is approximately 2.177 billion, and the continuity of the two reports validates the entry of incremental funds and audit rhythm. Multi chain support and compliance narrative: The official website has provided Ethereum BSC、 The contract and monthly report entry for (and subsequent expansion chain) is positioned as "available to institutions, developers, and DeFi participants". HTX was one of the companies that made its global debut in May this year, and at that time, it also launched a cold start with the USD1/USDT zero transaction fee activity. Contract and Address: The ERC-20 and BSC addresses are consistent (0x8d0d... 8b0d), as disclosed on the official website, and can be verified on the chain. So I think from the link of "BitGo issuance+Crowe LLP monthly verification", the auditability and compliance expression of USD1 are stronger than the industry average, and the growth rate is not slow. Fundamentally qualified, it is worth treating points as a long-term equity pass, rather than a one-time subsidy. ② How to organize the event? Here are three "point efficiency" gameplay options for you Key points of the rules: Earn points from trading (excluding stablecoin trading), and earn points for exchanging stablecoins into USD1; Double the transaction of limit orders; Holding ≥ 1000 USD1 spot or participating in USD1 wealth management/Launch Pool will also continue to earn points. HTX will allocate limited airdrops based on daily ranking of points. Play 1: Market making/pending flow (double bonus) Mainstream spot pairs (such as BTC, ETH, etc.) priced in USD1 can place limit orders and obtain natural transactions by buying at a slight discount and selling at a slight premium, earning double points. The key is to control spreads and position turnover: the goal is to minimize the cost (fees+slippage) per point. You can use 'points/transaction volume' as a KPI and conduct daily reviews. Note: Stablecoins do not count points, do not brush trades on stablecoin pairs such as USDT/USDC. Play 2: Pledge/Wealth Management/Launch Pool (Passive Assets) Maintain a holding threshold of ≥ 1000 USD1, while investing a portion of USD1 into official wealth management or Launchpool to earn a combined APR of "holding points+product returns". Method: A liquidity combination of "70% current account+30% active pool" that neither interrupts the points snapshot nor leaves room for activity flexibility. Play 3: "Entry Points" for Stablecoins Exchange Exchange the original stablecoins (USDT/USDC) into USD1 to earn initial points, and then use the above two methods to roll over points. If HTX has phased fee reductions or market making subsidies, priority should be given to increasing volume in the corresponding window (USD1/USDT zero fee historical activities are such "window dividends"). (http://(htx.com)) Why would I participate in this activity? 1. Fundamental verification: BitGo issuance/redemption+Crowe monthly verification+linkable on chain contracts and monthly reports, providing sufficient transparency for "verifiability". 2. Platform side resource position: HTX is one of the global debuts and has been given a commission window to pull, indicating that the platform is willing to turn USD1 into a "valuation layer asset". 3. Points=Future Benefits: WLFI is building an ecological narrative. If the points are included in a larger range of airdrops/whitelists/governance weights in the future (as expressed by the project side), your current points will be the priority voucher for the future. http://(worldlibertyfinancial.com) Last but not least, Sun Gegang, the global consultant of Huobi, came back from space to work and sent benefits to everyone. You must participate!!! @justinsuntron @HuobiGlobal @HTX_Molly @HTX_Global @HTX_DAO @qingyang007 @Ceee333_ @xiaojiucai_andy HTXNOVA