The HashKey Group's ecological token $HSK will officially open spot trading today (11/26) at 18:00 Taiwan time on HashKey Global, KuCoin, Gate.io, BingX, and MEXC. (Related Supplement: Perspective) A decade to forge a coin, analysis of the flywheel effect of HashKey ecological token HSK) (Related Supplement: HashKey Global launches HashKey Group's ecological token $HSK globally) This article is a sponsored piece provided by HashKey Global and does not represent the position of Dong District, nor is it investment advice, purchase or sale recommendations. See the end of the article for the responsibility warning. HSK will officially open spot trading at 10:00 (UTC) on November 26 on HashKey Global, KuCoin, Gate.io, BingX, and MEXC. HSK is the ecological token of HashKey Group, applicable in various scenarios such as trading fee discounts within the HashKey ecosystem, exclusive token priority purchase rights, and node validation rewards. As the native token and gas token of HashKey Chain, HashKey L2 public chain, HSK holders will also enjoy governance and decision-making rights on HashKey Chain. The total supply of HSK tokens is 1 billion, of which 65% is used to support medium and long-term ecological construction, 30% is allocated to the team, and 5% is reserved as a fund. In the initial token generation (TGE) phase, the circulating supply is set at 11%, totaling 110,000,000 tokens, with the remaining ecological pool being released linearly over 48 months after TGE. Kay, CEO of HashKey Eco Labs, stated: "We hope to motivate users to participate in the co-construction of the HashKey ecosystem through HSK, and look forward to sharing the long-term value of ecological growth with the community. Therefore, the distribution of HSK is primarily focused on active users. Currently, 11% of the TGE is circulating, with 9% directly allocated to early users participating in compliant exchange trading and growth activities, where users earn points through participation in activities and convert points into HSK after listing; 2% is used for liquidity support and activity expenses. The remaining part of the ecological pool after TGE will be distributed to community supporters and builders through airdrop incentives, HashKey Chain public chain ecological Grants (hsk.xyz), liquidity incentives, and various business scenarios of HashKey. This method ensures a more transparent and fair distribution of HSK, guaranteeing a long-term and sustainable ecosystem." Kay mentioned: "The HashKey Chain mainnet will go live in December. This compliance-friendly and innovation-encouraging public chain can connect HashKey's existing businesses, forming a large-scale collaborative network, primarily focusing on tracks like BTCFi, Payfi, and Stablecoin, providing connections between traditional and crypto financial markets and full-end Web3 solutions." Regarding the risk warning for HSK: Please note that HSK is currently not listed on any exchanges, and there is no guarantee that it will be listed in the future. Therefore, HSK currently has no established market value. The timeline for HSK potentially being listed remains uncertain. If HSK is successfully listed, it may be subject to various trading restrictions in accordance with applicable regulations and laws. These restrictions may include but are not limited to limiting HSK trading to qualified professional investors in specific locations, and requiring approval from regulatory authorities. The value of HSK carries significant risks and may decline or fluctuate significantly due to market conditions and other factors beyond the control of HashKey Group. HashKey Group and its affiliates make no express or implied guarantees regarding HSK or any returns, and deny any liability related to this. ______ Sponsored Disclaimer: The content of this article is a promotional piece provided by the contributor, and the contributor has no relationship with Dong District; this article does not represent the position of Dong District. This article is not intended to provide any investment, asset advice or legal opinions, nor should it be considered an offer to buy, sell, or hold assets. Any services, programs, or tools mentioned in the promotional piece are for reference only, and the final actual content or rules are subject to the announcement or explanation by the contributor. Dong District is not responsible for any potential risks or losses and reminds readers to conduct their own due diligence before making any decisions or actions.