Odaily reports that Port3 Network announced on its X platform that it will launch a token migration plan to ensure ecosystem stability and protect user assets. Key details are as follows:
1. A snapshot was taken after the attack (UTC 20:56). All tokens will be migrated at a 1:1 ratio, ensuring no loss to users. The migration will also take place on a centralized exchange (CEX).
2. Tokens will be distributed to affected users through multiple on-chain distributions.
3. The new token contract will be deployed exclusively on the BNB Chain.
4. 162.75 million team tokens will be burned to offset unauthorized minting during the attack, ensuring the total supply remains unchanged.
The new token contract is currently under review with exchanges. The reopening time for deposits, withdrawals, and trading will be announced after confirmation.