As announced in United Bitcoin Foundation‘s official announcement，UBTC will distribute holders of ETH、HSR、INK、LTC and QTUM.
Hyper Pay wallet will also collect distributions for users according to United Bitcoin‘s distribution rules.
The distribution rules are as follow：
1.The distribution will begin on 1st February 2018 and run for 48 months until the 1st January 2022.
2.A snapshot of the amount of ETH、HSR and QTUM held will take place at 12:00 am （UTC）on 1st of every month.
3. The exchange rate between HSR and UBTC is 100 ：1 of 1/48 of the balance according to the monthly snapshot.
The exchange rate between QTUM and UBTC is 100 ：1 of 1/48 of the balance according to the monthly snapshot.
The exchange rate between ETH and UBTC is 300 ：1 of 1/48 of the balance according to the monthly snapshot.
Hyper Pay wallet will collect the UBTC for the wallet users as long as the conditions are met.
More details please check: https://www.ub.com/news/detail?column=1&id=294
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