Justin Sun: Huobi HTX and Sun Wukong will each launch a $100 million co-creation fund

Huobi HTX and SunPerp advisor Justin Sun recently announced on social media platform X that they will jointly launch a $100 million co-creation fund program.

This program aims to provide financial support to users who have suffered losses due to recent black swan events in the crypto market, helping them gradually recover their assets and rebuild their confidence.

According to official disclosures, this co-creation fund program is open to all users, regardless of platform or public chain. Users who have incurred actual losses due to recent market fluctuations can apply for a trial bonus subsidy of a corresponding amount, ranging from 5 USDT to 10,000 USDT, based on the extent of their losses.

This initiative aims to reach as many affected groups as possible and demonstrates the platforms' commitment to user interests during this difficult period for the industry. Currently, the Huobi HTX and SunPerp teams are actively deploying relevant technical and operational support.

The detailed application process, eligibility criteria, and distribution mechanism will be announced soon through the official channels of both platforms.

The platform also stated that it will continue to pay attention to market trends and user feedback, uphold the principle of "user first", actively fulfill its corporate social responsibility, and work with the crypto community to meet challenges and build a more resilient trading ecosystem.