Huobi:Announcement on the Re-Minting of PGALA Token on TRON Network_Avalanche

DearHuobiUsers,

Theprivatekeyoftheowner(AdminofpGALAcontract)hasbeendisclosedinGithub.Thustheownerlostaccessstocontractconfigerationduetotheupgradabletransparentproxyadoptedbythecontact.Inthiscase,thepGALAcontractisatriskofbeingcompromisedatanytime,whichwillcauseagreatpotentialsafetyhazard.

ToensuretheinterestsofourPGALAholders,HuobiwillbaseonthetotalamountofPGALAtokensof6,211,014,582.57982347heldbytheplatformusedasthetotalcirculationamountandre-issuethefullydecentralizedandcirculatingPGALAMemeToken(PGALA)ontheTronnetwork.ThenewcontractaddressisTF7Ncj2PwKYxVthJaCZCRS98XgnXhJ347h.

Afterthecontractswapiscomplete,thedepositandwithdrawalservicesforPGALAwillbeavailableat23:00:00(UTC8)onNovember7,2022,fromwhichthetokenwillbeburnedonthenewcontract.ThetaxburnmechanismforPGALAwillnotbeaffected.WewouldliketoinvitemoreexchangestosupportthetradingandburningofPGALA.

HuobiGlobalNovember7,2022

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