Gate.io Completed DragonSB(SB) Token Swap and to Reopen Trading Market

Announcements Gate.io Completed DragonSB(SB) Token Swap and to Reopen Trading Market

2022-05-06 09:39:31 UTC 53184 Read

On April 16th, the DragonSB(SB) vesting contract was exploited. The DragonSB migrated to new token contracts on both BSC and Terra chains in response to this hacking incident. After communicating with the DragonSB(SB) team, the team DragonSB agreed to give new tokens to Gate.io users based on their SB token balances before the incident. Gate.io has now completed token swap for all affected users （based on Gate.io’ snapshot time). Users can now head over to My Billing Details to view details.

1) For users who held SB before the incident and didn’t trade after the incident, their balances didn’t change.
2) For users who bought or sold SB after the incident, such transactions were canceled, and SB tokens and payment spent were returned to respective owners.
3) The old SB tokens deposited after the incident are invalid and such deposits will not be credited.

Gate.io is going to reopen the SB market on May 7th, 9:00 AM UTC for the new SB tokens, the new tokens using the ticker SB still.
Trade the new SB tokens via: https://www.gate.io/trade/SB_USDT

New SB tokens:
BSC: 0xB7258450681f4aAd0ab24E336648d44A6696B30f
Terra: terra1948uvsah8aw40dhsa9mhl3htq8lraj0smlh77g

Learn more
https://twitter.com/DragonSBFinance/status/1515296688847884290
https://twitter.com/DragonSBFinance/status/1516009469955948547

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Gate.io Team
May 3, 2022

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