DearHuobiUsers,
Theprivatekeyoftheowner(AdminofpGALAcontract)hasbeendisclosedinGithub.Thustheownerlostaccessstocontractconfigerationduetotheupgradabletransparentproxyadoptedbythecontact.Inthiscase,thepGALAcontractisatriskofbeingcompromisedatanytime,whichwillcauseagreatpotentialsafetyhazard.
ToensuretheinterestsofourPGALAholders,HuobiwillbaseonthetotalamountofPGALAtokensof6,211,014,582.57982347heldbytheplatformusedasthetotalcirculationamountandre-issuethefullydecentralizedandcirculatingPGALAMemeToken(PGALA)ontheTronnetwork.ThenewcontractaddressisTF7Ncj2PwKYxVthJaCZCRS98XgnXhJ347h.
Afterthecontractswapiscomplete,thedepositandwithdrawalservicesforPGALAwillbeavailableat23:00:00(UTC8)onNovember7,2022,fromwhichthetokenwillbeburnedonthenewcontract.ThetaxburnmechanismforPGALAwillnotbeaffected.WewouldliketoinvitemoreexchangestosupportthetradingandburningofPGALA.
HuobiGlobalNovember7,2022
TradeonthegowithHuobiGlobalApp(iOS/Android)
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