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The voting for the second phase of the UXLINK redemption and compensation plan will end in 1 hour.
According to Foresight News, the voting for the second phase of the UXLINK redemption and compensation plan will end in 1 hour, with a current approval rate of 99.99%. The proposal includes the unlocking of community, treasury, and team tokens according to the proportions specified in the White Paper, while investor tokens will maintain the original unlocking plan (no early unlocking). All unlocked tokens will be deposited into a dedicated Multi-signature Wallet for redemption and compensation. All recovered funds (from exchanges) + recoverable shares from the team and treasury will be used to compensate affected users. The second phase will reference the average purchase/deposit price of users (based on the time before the suspension of UXLINK trading on the Centralized Exchange or the illegal minting of tokens on Arbitrum) and compare it to the 7-day weighted average price before September 22. Frozen and suspicious accounts/addresses will be excluded.