On September 30, according to the official announcement of UXLINK, the project released a token migration and compensation plan for users of centralized exchanges.
Users who purchase and hold UXLINK before 2:55 PM UTC on September 22, 2025 will receive a 1:1 compensation.
Users who purchased after 2:55 PM (UTC) on September 22, 2025 but before: (i) the exchange was closed for deposits/withdrawals, or (ii) before 5:40 PM (UTC) on September 22, 2025 and continued to hold until SWAP was opened will be compensated based on the difference between their purchase price and TWAP (Time Weighted Average Price) after 5:40 PM (UTC) on September 22, 2025.
The compensation will come from the stolen assets frozen and returned by the exchange.
The CEX user migration program has been gradually launched.
The on-chain migration portal for UXLINK holders will open on October 1st.
Within 5 working days after the on-chain exchange channel is launched, UXLINK will conduct an on-chain community vote on the compensation plan described 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.
UXLINK releases user compensation plan: compensation will come from stolen assets frozen and returned by exchanges
2025-09-30 07:50:45
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