According to the mechanism of MNEB, 150,000 MNEB were originally locked in MNEB’s genesis address based on default setting (which required to be mined after upgrade). However, considering the fact that the MNEB contract has triggered automatic airdrop at 22:30, June 23rd, 2021 (UTC), and that the airdrop in part of Hotbit Users’ accounts didn’t be locked in advance. It lead to the fact that an excessive amount of 150,000 invalid MNEB tokens were generated in the accounts of 7,003 Hotbit users. Currently, all invalid MNEB tokens have already been destroyed.
Hotbit hereby announces the reimbursement solution to all users involved in the issue as below:
1）For those users who purchased MNEB on Hotbit during 22:30, June 23th, 2021 ~ 01:00, June 24th, 2021 (UTC), Hotbit has already destroyed all relevant net-buy volumes of MNEB tokens and returned all relevant users with the corresponding amount of ETH that they originally paid to purchase MNEB. All compensations have already been distributed into all relevant users’ Hotbit accounts.
2）The trading function of MNEB will be resumed at 06:00, July 1st, 2021 (UTC) based on the price of PancakeSwap.
Should you have any queries and concerns regarding this issue, please do not hesitate to contact us by submitting support tickets to our team before 16:00, July 4th, 2021 (UTC). Thank you for your ongoing support and understanding for Hotbit!