UXLINK has unveiled a compensation and migration plan in response to a recent security incident. Users holding assets before 10:55 on September 22 will receive a 1:1 compensation. Those who purchased between 10:55 and 13:40 will be compensated based on the difference between their purchase price and the TWAP. The compensation method for purchases made after 13:40 will be determined by a community vote. The funds for compensation will come from the frozen and returned stolen assets. Migration for CEX users has already begun, and the on-chain migration portal is set to open on October 1.
UXLINK Announces Compensation Plan Following Security Incident
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