Announcement on BONDLY Incident Resolution Plan & Contract Swap

Dear users,

According to the official statement, BONDLY suffered a hack at 2021-07-15 02:00 (UTC) in which a large number of minted BONDLY tokens were issued in the BONDLY contract causing the price to deflate at an alarming rate. At the request of BONDLY’s official team, MEXC has suspended the trading for BONDLY/USDT at 2021-07-15 04:46 (UTC).

We have maintained constant contact with the Bondly team to discuss various compensation options for our affected users. The solution given by the FinNexus team is to exchange the old tokens from the old contract address with the new BONDLYV2. Details are as follows:

1. Withdrawal for BONDLY V1 is currently activated. Users can choose to withdraw at their own discretion.

2. An on-chain snapshot was taken by the Bondly team before the hack. MEXC will be comparing the official snapshot with our snapshot time of 2021-07-15-02:10 (UTC). Here’s the resolution according to different circumstances:

i. Users who have not traded after 2021-07-15 02:10 (UTC): BONDLY will be exchanged for BONDLYV2 at a 1:1 ratio.

ii. Users whose nett buy in is greater than 0 between 2021-07-15 02:11 (UTC) and the time of BONDLY trading suspension on MEXC: Quantity of BONDLYV2 obtained = (nett buy in price / 0.6) * nett buy in quantity of BONDLY.

iii. Users whose nett buy in less than 0 between 2021-07-15 02:11 (UTC) and the time of BONDLY trading suspension on MEXC: Quantity of BONDLYV2 obtained = Total assets before hacking occurs [2021-07-15-02:10 (UTC)] - total sold BONDLY tokens from 2021-07-15 02:11 to 2021-07-15 04:46 (UTC).

3）For more information, please refer to BONDLY's official statement.

Details of BONDLY Contract Address Swap

1) The new BONDLYV2 tokens will automatically replace the BONDLY code. BONDLY tokens will lose their actual value;

2) The BONDLYV2 contract address is as follows: 0x91dfbee3965baaee32784c2d546b7a0c62f268c9

Find us on:

Medium: https://medium.com/mexcglobal

Telegram: https://t.me/MEXCEnglish

MEXC trading: https://t.me/MEXCTradeofficial

Twitter: https://twitter.com/MEXC_Global

https://twitter.com/MEXC_Fans

Facebook: https://www.facebook.com/mexcglobal

Discord: https://discord.gg/zu5drS8