PoolzFinance: A new token contract will be deployed soon and will be airdropped to the user’s address 1:1 before the attack
According to reports, the official blog of PoolzFinance stated that a new POOLX token contract would be deployed and airdropped to all addresses (calculated before the hacker attack), and the old POOLZ token contract would be removed and destroyed.
Interpretation of this information:
The message implies that PoolzFinance, a platform for decentralized swapping of tokens, is taking measures to recover from a recent hacker attack. As per the announcement made on their official blog, the company will be deploying a new type of token with the ticker symbol POOLX. This would then be airdropped to all the addresses of the holders of the previous POOLZ tokens, calculated before the attack.
The deployment of a new token contract is a common tactic utilized by companies that have been affected by security breaches. The aim of this strategy is to provide all the affected users with a new and more secure token and to remove any vulnerabilities that existed in the previous token contract. The new POOLX token is expected to offer more enhanced security features and provide better protection against attacks.
Furthermore, the announcement notes that the old POOLZ token contract would be removed and destroyed. This indicates that the company is taking serious steps to ensure the safety of its users and prevent future attacks. By removing and destroying the previous token contract, the company is effectively closing all vulnerabilities that may have existed within that contract. As a result, users will be unable to trade, buy or sell the old POOLZ token.
In conclusion, the announcement by PoolzFinance implies that the company is taking cybersecurity very seriously. Deploying a new and more secure token contract is a step in the right direction in ensuring the safety of its users’ investments. The decision to airdrop the new POOLX tokens to all the addresses affected by the attack is also a commendable action that shows the company’s commitment to protecting its users. Furthermore, the removal and destruction of the old POOLZ token contract is a clear indication that the company is taking a hard-line approach to safeguard its network and protect its users.
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