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Hooked Protocol (HOOK) Token Sale is starting on Binance Launchpad Binance is announcing the 29th project on Binance Launchpad - Hooked Protocol (HOOK). The token sale for Hooked Protocol will follow the Launchpad subscription format, with the recording of user BNB balances starting at 2022-11-24 00:00 (UTC). By the way, if you don’t have a Binance account yet - with this special partner link, you can get -20% trading fees. And, of course, an additional -25% if you use BNB. https://accounts.binance.com/en/register?ref=TI4S3LD5

Binance will record user BNB balances for **seven days** from 2022-11-24 00:00 (UTC) to 2022-12-01 00:00 (UTC). The final BNB holding amount for each user will be determined as the average of the seven days, using the Daily Average BNB Balance calculation previously announced here. https://www.binance.com/en/support/articles/360031505011 **HOOK Token Sale Details:** Token Name: Hooked Protocol (HOOK) Launchpad Hard Cap: 2,500,000 USD Hard Cap Per User: 15,000 USD (150,000 HOOK) Total Token Supply: 500,000,000 HOOK Total Tokens Allocated to Binance Launchpad: 25,000,000 HOOK (5% of Total Token Supply) Public Sale Token Price: 1 HOOK = 0.1 USD (price in BNB will be determined prior to subscription) Token Sale Format: Subscription Supported Sessions: BNB only **Subscription Timeline:** **Preparation Period** 2022-11-24 00:00 (UTC) to 2022-12-01 00:00 (UTC): During this period, user BNB balances will be calculated in hourly snapshots for each day over a seven-day period. Your final average daily BNB balance over these seven days will determine the maximum amount of BNB that you can commit later on. https://www.binance.com/en/support/articles/360031505011 **Subscription Period** 2022-12-01 06:00 (UTC) to 2022-12-01 09:00 (UTC): Subscription will open at this time for all eligible users for a three-hour period. Users must also sign the Token Purchase Agreement at the same time, prior to committing their BNB. Please note that once committed, your BNB will be **locked** and you will not be able to redeem or access any other functions such as transfers, withdrawals or trading until final token distribution. **Calculation Period** 2022-12-01 09:00 (UTC) to 2022-12-01 10:00 (UTC): Subscription closes and token allocation calculation begins. **Final Token Distribution** 2022-12-01 10:00 (UTC): Your final token allocation will be calculated and the corresponding BNB will be deducted from your already-locked BNB amount. Once deducted, your HOOK and BNB tokens will both be transferred to your spot wallet. To learn more about Hooked Protocol (HOOK), read Binance Research's in-depth report here. https://research.binance.com/en/projects/hooked-protocol

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