UXLINK Completes Security Audit for Updated Ethereum Token Contract

UXLINK announces details of its token migration, security enhancements, and compensation plans, with user migrations and staking rewards scheduled for next week.

ETH

205d ago

Fact Check

The statement is directly confirmed by the most recent evidence from UXLINK's official X account (Source 7), which announced that the new smart contract 'has successfully passed its security audit.' While older sources indicated the audit was in progress, this official update confirms its completion.

Summary

UXLINK has announced a security upgrade, with token migration to commence next week. The platform will cover gas fees for on-chain migrations, and staking users can claim their tokens and APY until October 31, 2025. The new token contract locks the maximum supply at the code level, and CEX migrations will be initiated next week with phased compensation for users.

Terms & Concepts

Token Migration: The process of transferring tokens from one blockchain or contract to another, often involving changes in the underlying system or security protocols.
CEX: Centralized Exchange, a platform that facilitates the trading of cryptocurrencies under the control of a centralized entity.
APY: Annual Percentage Yield, a percentage that represents the rate of return on a cryptocurrency investment, including compound interest over a year.