Announcement on Gamerse (LFG) Compensation Plan & Contract Swap

Dear users,

According to the official statement, Gamerse (LFG) suffered a hack at 2022-03-16 14:50 (UTC), which caused a price deflation for the LFG token. At the request of Gamerse’s official team, MEXC has suspended deposits and withdrawals for LFG at 2022-03-19 09:00 (UTC).

We have maintained constant communication with the project team to discuss the compensation plans for our affected users. Details are as follows:

  • Tokens on the old contract will be renamed LFGOLD. Upon completion of maintenance, users can choose to withdraw tokens at their discretion.
  • An on-chain snapshot was taken at 2022-03-16 14:50 (UTC), and the market price of LFG was $0.007 when suffering attacks.
  • Users who have not traded after 2022-03-16 14:50 (UTC) will be compensated with the new LFG token at a 1:1 ratio.
  • For users with a net buy in greater than 0 between 2022-03-16 14:50 and 2022-03-19 09:00 (UTC), the amount of new LFG token to be compensated = (Average price of net purchase/0.007) * Net purchase amount of LFG.
  • The new unique contract address for LFG: 0xF93f6b686f4A6557151455189a9173735D668154
  • Trading for the new LFG token will commence at 2022-03-26 13:00 (UTC). Deposits and withdrawals for the new LFG token will be enabled after the trading opens, which will not be announced in a separate announcement.

For more information, please refer to: Hack Update 20/03/22

Thank you for your support!


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The MEXC team

26 March 2022