Home > Latest > Body

Spectral: The first proxy token, SPECTR, has been squatted, and the platform is taking remedial measures to ensure fairness

clock
2024-11-29 09:50:20
According to official news, machine intelligence network Spectral announced that unfair squatting practices were discovered during the deployment of its first proxy token, SPECTR, and some users received excessive amounts of tokens at launch.
In order to maintain ecological fairness, the platform took three remedial measures: returning the SPEC to the squatting wallet and blacklisting it to recover the SPECTR tokens; pairing the recovered SPECTR with the equivalent SPEC into the liquidity pool, and destroying 50,000 SPECs at the same time; finally sending the LP tokens to the destruction address.