UXLINK Releases Migration and Centralized Exchange Compensation Plan Proposal

Foresight News reports that UXLINK has released a proposal for migration and centralized exchange compensation plans. The proposal includes the following: - Users who purchased and held UXLINK before 22:55 Beijing time on September 22 will receive 1:1 compensation. - Users who purchased UXLINK after 22:55 on September 22 but before the deposit/withdrawal closure on the exchange, or before 01:40 on September 23, and continuously held until SWAP activation, will receive compensation calculated based on the difference between their purchase price and the TWAP (Time-Weighted Average Price) after 01:40 on September 23. - Compensation funds will come from stolen assets frozen and returned by the exchange. - Within five business days after the on-chain exchange channel goes live, UXLINK will conduct an on-chain community vote regarding the compensation plan described in point 2. - For users who purchased and held UXLINK after 01:40 on September 23, the proposal will be decided through community discussion and voting.