BXH's Announcement on the Solution For Asset Migration of DeFi 23 Sep 2022

BXH's Announcement on the Solution For Asset Migration of DeFi 23 Sep 2022

Dear BXH users:

The BXH team is deeply sorry for the recent security incident. At this point, BXH will face the reality calmly, not evade any responsibility and choose to go on bravely. At present, the plan for the staking pool of the BXH DeFi platform is as follows: 1.Staking rewards will be replaced by USDT instead of BXH Token All staking assets in the previous staking pool will be migrated to the new staking pool. 2.The asset migration page will display the amount of remaining BXH rewards and staking tokens. After migration, the staking tokens will be migrated to the new staking pool, and the remaining rewards will be directly distributed to your wallet in the form of USDT The yield of VToken's new staking pool will be around 10%, but it will be temporarily unable to withdraw. 3.We will repurchase VToken with a monthly quota of 5% Once any part of the assets is recovered or funds are raised, we will fully increase the repurchase quota. 4.All XToken pools will continue with the same rate of return as before. 5.BXH will temporarily stop expanding DeFi and focus on CeFi platform, The BXH token will only retain on the BSC, and all tokens on other chains will be migrated to the BSC.

The new staking pool of the BSC is currently online, and all other new staking pools of other chains will be launched in the near future. Thank you for your understanding and support.

BXH.COM 23 Sep 2022