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URGENT ANNOUNCEMENT - EASY HARDFORK & TOKENSWAP PLAN Apropos | EasyFi Announcements

URGENT ANNOUNCEMENT - EASY HARDFORK & TOKENSWAP PLAN

Apropos to our last update on the #EasyFi Security Incident, we have finalized the $EASY token #hardfork and #tokenswap plan.

Details are given in our blog link attached here.

As communicated earlier, Team #EasyFi will hard fork the EASY token to create a new set of tokens. The old ones will then cease to be of any value.

All addresses holding $EASY on the 3 blockchains - @0xPolygon, @ethereum & @Binance #smartchain - shall be credited with new $EASY tokens as per the snapshot details mentioned in the blog.

The process of obtaining user wallet balances from exchanges has also begun

We are still awaiting information from a few exchanges for proper distribution to being however, we will start it on case-to-case basis

The respective exchanges will credit user accounts with new EASY tokens in the ratio of 1 $EASY = 1 $EASY V2 as per plan mentioned in the article.

A draft interim compensation plan for people who lost their funds in lending protocol on polygon network, is in the final round of discussions with stakeholders & partners. We shall share the same with our community soon.

The plan comprises of:

Methodology to check balances of user’s addresses - on-chain & on exchanges
Current status of activities on all exchanges EASY has been listed on
Snapshots of pre & post hack $EASY status - on-chain & on exchanges
Status of EASY on DEXes, AMMs & Liquidity providers on the same
NEXT STEPS after the forked $EASY token distribution

Users are requested to read the plan thoroughly.

https://medium.com/easify-network/easyfi-security-incident-66c02a277a91