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LDX TOKEN ANNOUNCEMENT MIGRATION 2.0
Dear LDX Hodler,
In connection with the incident against the Treasury Wallet LDX Token, here we present an official explanation and the mitigation steps that we have prepared, in order to protect the interests of LDX Hodler.
MINTING AUTHORIZATION RIGHT on TREASURY WALLET LDX TOKEN Non-Hodler has been compromised by an irresponsible third party, resulting in oversupply, and must be stopped immediately.
In order to MAINTAIN LDX TOKEN PRICE STABILITY, Litedex decided to replace the smart contract token which is more secure, and will migrate each user token with the applicable terms and conditions.
The impact of uncontrolled mining occurred on March 24th, 2022, Thursday at 16:10 WIB / 09:10 AM UTC.
Litedex will migrate tokens to all users who have LDX tokens, before 'Uncontrollable Minting' occurs.
Meanwhile, for users who have LDX tokens after 'Uncontrollable Minting' occurs, tracing and filtering will be carried out on the wallet address, prior to migration.
We ensure that this incident does not affect the LDX token Hodler. Along with that, we will soon carry out the LDX Token migration process.
This token migration is a common practice and has been successfully carried out by Litedex Protocol in the beginning when Litedex Protocol first launched.
Thus we submit this notice. We make sure that Dev will continue to be committed to building big projects in blockchain technology.
Rest assured we will not take this matter lightly and unpunished as our legal team will pursue this SERIOUSLY.
Best Regards,
CEO Litedex Protocol
