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SOMESING: Snapshot of SSX to SSG exchange will take place on March 28
2024-03-19 06:26
According to official news from Odaily, in order to mitigate the impact of the SSX hacking incident on January 27, the SOMESING team will issue a new token SSG (SomeSinG) through a new contract to protect user assets and will provide existing SSX token holders with Perform token swap migration. The token exchange snapshot is scheduled to take place at 06:00 UTC on March 28. To ensure the smooth progress of the token exchange and migration process, the SOMESING team will suspend all existing SSX token contracts at 06:00 UTC on March 27 (i.e. 24 hours before the snapshot). Once the contract is suspended, all token transfers (including transferring existing SSX to personal wallets and withdrawing tokens from exchanges) will be suspended. Given the possibility of technical errors, the SOMESING team urges all SSX holders not to attempt to transfer existing SSX tokens after the contract suspension time and before the Foundation announces the completion of the migration process. After the snapshot, existing SSX tokens will be exchanged for newly issued SSG tokens, and only the new SSG tokens will be eligible for transfer after the migration process is completed.