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Home News UXLINK: The new smart contract will establish a fixed supply and forgo cross-chain ‘mint-burn’ functionality

UXLINK: The new smart contract will establish a fixed supply and forgo cross-chain 'mint-burn' functionality

BlockBeats News, September 23, UXLINK officially released a security announcement with the following updates:

Have communicated with major CEX partners regarding the planned token swap, and the major CEXs have indicated full support;

A new smart contract has been submitted for security audit. The contract will set a fixed token supply to ensure no additional supply will be minted;

The “mint-burn” function typically used for cross-chain purposes has been abandoned to safeguard community interests;

Currently responding to inquiries from the Korean Digital Asset Exchange Association (DAXA) and will collaborate with security experts to prepare a comprehensive incident report;

Official reminder not to trade unauthorized tokens on DEX.

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