ChainCatcher news, Huobi issued a notice about recasting PGALA Token on the TRON network: Since the pGALA Token contract uses an upgradeable transparent proxy (Transparent Proxy) model, and the owner private key of the Admin role of the pGALA proxy contract has been leaked on Github, thus Loss of contract configuration permissions puts the pGALA contract at risk of being attacked at any time, posing huge security risks.

In order to ensure the interests of PGALA holders on the platform, Huobi Global decided to use the total amount of pGALA actually held by platform users: 6,211,014,582.57982347 as the total issuance to recast the 100% decentralized and 100% circulating PGALA Meme Token on the TRON network ( PGALA), the new contract address is: TF7Ncj2PwKYxVthJaCZCRS98XgnXhJ347h

After the contract replacement is completed, the deposit and withdrawal of PGALA will also be opened at 2022-11-07 23:00:00 (GMT +8), and the tax burning mechanism will not be affected in any way. Subsequent destruction will also be carried out on the new contract, and the destruction address is: T9yD14Nj9j7xAB4dbGeiX9h8unkKHxuWwb. Other trading platforms in the industry are welcome to support transactions and jointly destroy PGALA.