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BlockBeats news, on March 29, Huobi announced the user asset processing plan after POOLZ was attacked. The POOLZ project was attacked at 11:09 on March 15, 2023 Beijing time. Huobi immediately contacted the project party to confirm the relevant information and stopped the deposit and transaction of POOLZ Token, and urgently communicated with the POOLZ project party about the user’s Asset loss issues. In order to reduce the asset loss caused by the user's purchase of POOLZ Token after the attack, the POOLZ project party will be supported to compensate the user's loss in the form of releasing a new Token POOLX. The specific solution is as follows: 1. Regarding the user's position before the attack: According to the official plan , Poolz Finance will issue a new Token POOLX, which will be issued at a ratio of 1:1 to users who held positions at 11:09:00 Beijing time on March 15, 2023 and who have not fully sold POOLZ after that time point AirDrop POOLX, details are as follows: The snapshot time is March 15, 2023 11:09:00 Beijing time. AirDrop ratio: 1:1; Distribution form: will be distributed in one go. 2. Regarding the post-attack user position handling plan: In order to reduce the asset loss caused by the user’s purchase of POOLZ Token after the attack, Huobi conducted multiple rounds of communication with the project party based on the principle of user first, and won the best compensation for the user The scheme, that is, users who trade and hold POOLZ at 12:43:00, March 15, 2023, Beijing time after being attacked will receive a compensation of SGD POOLX at a ratio of 13:1. This part of the compensation will exclude users who were attacked The previous is the position share at 11:09:00 on March 15, 2023, Beijing time. The details are as follows: Time of snapshot of compensation: 12:43:00 on March 15, 2023, Beijing time; distribution ratio of compensation assets: 13 POOLZ=1 POOLX . Payment asset distribution form: 30% of the total compensation will be distributed for the first time; 30% of the total AirDrop will be distributed in the next month; 40% of the remaining AirDrop will be distributed in the third month. In addition, Huobi will communicate with the project party and resume transactions and open deposits and withdrawals after confirming that all security issues of POOLZ Token have been stabilized. The specific situation will be notified separately in the form of an announcement. The trading and deposit and withdrawal opening hours of SGD POOLX will be notified separately in the form of an announcement.

Huobi releases the user asset processing plan after POOLZ is attacked, and will issue new currency POOLX

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