Newland is a decentralized agreement issued by Huobi Mining Pool based on the Heco chain to provide miners with loan liquidity. With the mission of empowering mining, it is committed to building a capital market for more currencies in the DeFi world.

Newland users can deposit HT, HPT, USDT, HUSD, HBTC, ETH and other assets into their smart contracts to obtain interest income from loans, and can also mortgage the deposited assets to lend different assets for mining; and borrowing share, users can obtain HPT income respectively.

Newland is the first product in the HPT Finance series of products. As an important move for HPT to enter the Defi field, the HPT Finance series of products will provide Defi miners with more diversified decentralized protocols and services, such as mining aggregators, etc., continuously expand the use scenarios of HPT, and enhance the long-term value of HPT. All series The revenue from products (including Newland) will be used to repurchase and destroy HPT.

HuobiPool Token is a negotiable encrypted digital certificate of rights and interests. HuobiPool Token holders can deeply participate in the future development of Huobi Pool. HPT has become an important part of HT (Huobi Global Points) and the most important cornerstone of Huobi Global Points.