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UXLINK announces user compensation plan: compensation will come from stolen assets frozen and returned by the exchange

UXLINK announces user compensation plan: compensation will come from stolen assets frozen and returned by the exchange

金色财经2025/09/30 08:00
UXLINK-9.42%

On September 30, according to the official announcement from UXLINK, the project has released a token migration and compensation plan for centralized exchange users: Users who purchased and held UXLINK before 2:55 PM (UTC) on September 22, 2025, will receive 1:1 compensation. Users who purchase and continuously hold UXLINK after 2:55 PM (UTC) on September 22, 2025, but before either (i) the exchange deposit/withdrawal closure, or (ii) 5:40 PM (UTC) on September 22, 2025, until the SWAP is enabled, will be compensated based on the difference between their purchase price and the TWAP (Time-Weighted Average Price) after 5:40 PM (UTC) on September 22, 2025. The compensation funds will come from the stolen assets frozen and returned by the exchange. The CEX user migration plan has been gradually launched. The on-chain migration portal for UXLINK holders will open on October 1. Within five business days after the on-chain swap channel goes live, UXLINK will conduct an on-chain community vote regarding the compensation plan mentioned in point 2. For users who purchase and hold UXLINK after 5:40 PM (UTC) on September 22, 2025, the proposal will be decided through community discussion and voting.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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