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UXLINK to Deploy New Token Contract on Ethereum Mainnet, Exchange Old Tokens at 1:1 Ratio and Remove Mint-Burn Function
Summary: According to reports, UXLINK has announced on social media the deployment of a new token contract on the Ethereum mainnet, with a total supply of 1 billion tokens, and an exchange at a 1:1 ratio with the old UXLINK contract. The new contract will remove the mint-burn function, and cross-chain functionality will be achieved through ...
According to reports, UXLINK has announced on social media the deployment of a new token contract on the Ethereum mainnet, with a total supply of 1 billion tokens, and an exchange at a 1:1 ratio with the old UXLINK contract. The new contract will remove the mint-burn function, and cross-chain functionality will be achieved through partners' cross-chain services. The migration plan is divided into two parts: one for centralized exchanges (CEX) and the other for on-chain users. Eligibility for the exchange will be determined by a snapshot taken at the time of the first transfer by hackers.
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Link: UXLINK to Deploy New Token Contract on Ethereum Mainnet, Exchange Old Tokens at 1:1 Ratio and Remove Mint-Burn Function [Copy]