Multiple Network: Due to the contamination of the MTP token supply, a token swap and buyback program will be implemented

PANews reported on September 29th that the DePIN project, Multiple Network, announced on the X platform that the original MTP token supply had been contaminated and its security compromised due to the unlocking and sell-off of tokens by a third-party market maker. To protect community interests and ensure system stability, the team will implement a comprehensive token swap, supplemented by a systematic buyback mechanism. At 10:00 AM Beijing time on September 29th, all exchanges will suspend MTP deposits, withdrawals, and trading, and take snapshots. New MTP tokens will be automatically distributed at a 1:1 ratio (applicable to both exchange and on-chain users). The new token contract address (BSC chain) is: 0x83330d159C9A4B09E6717feeFef7a634b70D216A.

According to previous news, Binance Alpha will support the BEP20 contract swap of Multiple Network (MTP) .

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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