
Following a security breach on November 23, Port3 will migrate tokens at a 1:1 ratio and burn 162.75 million PORT3 to compensate affected users, with new tokens issued on BNB Chain.
Port3 Network has announced plans to migrate all tokens at a 1:1 ratio after a security breach on November 23. A total of 162,750,000 PORT3 will be burned to address the exploited supply. Compensation ranging from 200 to 500 tokens will be issued to affected users, with the new tokens issued exclusively on the BNB Chain. A snapshot of affected accounts will be taken after the attack on November 24 to ensure accurate compensation.