In a shocking twist of generosity thatâs about as common as a sober vampire in a blood bank, HTX has launched its âSail Togetherâ initiative, tossing $100 million in USDT at traders who got steamrolled during the October 11 crypto crash (which, by the way, saw $19 billion vanish faster than a cat burglar at a yoga retreat).
The program, running until November 15, aims to soothe the tears of traders who âverifiedâ their losses. đ Because nothing says âwe careâ like asking for receipts from the financial apocalypse you just survived!
Market Context and Broader Implications (Or: How to Blame Geopolitics for Your Poor Life Choices)
To qualify, users must have lost at least $100 between October 9-11, 2025. Because obviously, if you only lost $99, tough luck, youâre just a minor inconvenience to the universe. đ¤ˇââď¸
Proof? Oh, just your trading records from HTX or any other exchange. Weâre not picky! đ (Though we suspect âI lost everything because Iâm bad at lifeâ wonât cut it.)
The airdrop window is a neat 30 days. Because bureaucracy, obviously. đ°ď¸ HTX promises to pay out âproportionallyâ to losses. Translation: The more you lost, the more free money you get. Itâs like a participation trophy for financial disasters!
The crash? Triggered by US-China trade tensions. Because of course it was. đ Nothing says âbuy the dipâ like two superpowers playing chicken with tariffs.
Industry Assessment of Support Measures (AKA: Influencers Applauding Themselves)
DeFi researcher Zee tweeted their thoughts from a basement filled with empty energy drink cans. đą
Influencers Raph_GMI and DĂŹchĂŠn also chimed in, because if you donât tweet during a crisis, are you even a Web3 hero? đڏâď¸
Will this stabilize user engagement? Probably not. But hey, at least HTX isnât handing out Monopoly money! đ˛ (Yet.)
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2025-10-20 18:47