Gate.io Distributed New STBU Tokens and Will Start STBU Trading

Announcements Gate.io Distributed New STBU Tokens and Will Start STBU Trading

2022-01-30 07:50:46 UTC 58244 Read

According to the Stobox team, the Deployers address of Stobox Token was compromised and reserve funds stolen on Jan 6. In response to the incident, the Stobox team airdropped new STBU to holders who held STBU prehack. Gate.io has now distributed the new STBU for users with STBU balance at Jan-06-2022 08:00 PM UTC. For users who bought STBU post-hack, a total of 3 million STBU (1 million STBU tokens provided by the Stobox team，and 2 million STBU tokens bought by Gate.io out of pocket) has been distributed to affected users based on their share of net buy post-hack. Users can now head over to Billing Details to check tokens received.

The Stobox team is also planning to provide PRGRS tokens to all affected users. At this moment, the details are not yet announced; the PRGRS tokens you would receive is subject to the Stobox team’s final decision.

The trading of new STBU tokens will start on 31 Jan, at 08:00 AM UTC

Trade STBU via :
https://www.gate.io/trade/STBU_USDT
https://www.gate.io/trade/STBU_ETH

New STBU token contract:

(ERC20) 0xa6422e3e219ee6d4c1b18895275fe43556fd50ed
(BSC) 0xb0c4080a8Fa7afa11a09473f3be14d44AF3f8743

Please note, anyone who deposited old STBU after the snapshot time will not be credited.

Learn more:https://stobox-platform.medium.com/detailed-guides-as-per-stbu-utility-token-restoration-action-plan-a9995a098dca

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