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UXLINK is collaborating with the four major exchanges in South Korea to migrate the UXLINK Token from Arbitrum to the Ethereum Mainnet.
Golden Finance reports that the UXLINK Korean exchange token exchange progress announcement states that it has recently received numerous inquiries from the Korean community regarding the token exchange progress on exchanges such as Upbit, Bithumb, Coinone, and GOPAX. Here is an explanation of the current situation. The UXLINK team is currently working closely with the four major exchanges in South Korea to convert the UXLINK Token originally based on the Arbitrum network into the UXLINK Token based on the Ethereum (ETH) mainnet. This token exchange will follow the same principles as other exchanges: The tokens held before the hacker incident will be exchanged at a ratio of 1:1; The tokens purchased after the hacking incident will be exchanged according to the Compensation Plan approved by community voting. This rule applies to all exchange users and on-chain users. Due to the different user scales and frozen asset data of various exchanges, we are currently working on data verification with most exchanges. Once this process is completed, we will proceed with the exchange according to the established schedule.