What $UXLINK holders need to know now
The Incident
- Sept 23 multi‑sig breach gave an attacker admin rights → funds started moving
- @UXLINKofficial posted an urgent notice + coordinated with CEXs and community
Phase 2 Swap & Compensation
- Early unlock 8% 12% for Community/Treasury/Team per whitepaper, investor tokens stay on original vesting
- All unlocked tokens go into a dedicated multisig for the swap framework
- 100% of recovered exchange funds + litigable Team/Treasury assets allocated to compensate via buyback
Protective Measures
- Uses average buy/deposit pre‑CEX suspension or pre illegal Arbitrum minting vs 7‑day TWAP before Sep 22
- Suspended/suspicious addresses excluded
CEX Status
- Bitget/Bybit supporting contract swap
- Upbit notice: trading supported until Nov 3 06:00 UTC, deposits blocked
The Big Picture
- Building a Social Growth Layer → one account + one gas token across chains, trust‑driven social economy
- Governance signal matters, ETH mainnet holders should vote
Vote Snapshot
#UXLINKDAO #Snapshot #Governance
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