HSK is designed to incentivize contributors to the HashKey ecosystem, including its users and partners. HSK will power the diverse businesses of the HashKey ecosystem, activate the ecosystem's growth, and reward users and partners for contributing to the development of the ecosystem. HSK has a fair, incentive-based distribution mechanism for ecosystem users and partners. There will be no private or public sales of HSK, nor any form of fundraising carried out through HSK. With a fixed total supply of 1 billion HSK, 65% of HSK will be allocated for ecosystem growth, 30% to the team, and 5% to a reserve fund. HashKey EcoPoints will be distributed as rewards for the usage of HashKey’s exchange business and expanded to more business line reward programs in the future. There will be regular repurchasing and burning of HSK from the circulating supply to offset the dilutionary effect of reward distribution. HashKey Group is an end-to-end virtual asset financial services group in Asia. The Group provides a complete ecosystem across the entire virtual asset landscape, ranging from trading, custody, venture investment, technologies to Web3 infrastructure.