Statement on Contract, Security, and Recent Events
First, note that all tokens in the contract and burn addresses have been permanently destroyed, and the contract has been fully renounced, leaving no permissions or control.
Previously, the old website was taken down due to malicious reports, and we are currently undergoing the normal appeal process.
It should be noted that, due to the time difference with the Chinese community, some of the greatest malicious actions against the project exploited this time gap, creating misunderstandings and information asymmetry.
In response to some security concerns, we have proactively made adjustments:
•Removed website wallet connection functionality
•Disabled the in-website Swap feature
The website now only displays Magnet burn amounts, minimizing misunderstandings and unnecessary risks.
You can visit the new website: https://t.co/m9cyku8OWu for more information.
We also hope that certain KOLs in the BSC ecosystem will view the project rationally.
Before expressing opinions, it is recommended to understand some basic blockchain knowledge, which is not only responsible for the project but also for your own followers.
We sincerely thank all rational, patient, and continuously supportive members of the Magnet community.
Amid complex information and noisy discussions, it is your calm judgment, independent verification, and steady attention that have allowed the project to progress steadily.
We will continue to focus on doing things right, responding with time, results, and on-chain facts, and advancing Magnet further together with the community.
Also a good time to say be cautious
Someone could be trying to induce a pump and dump
The gradual bonding curve and the 1% sell fee make it harder to do, but it’s possible if a lot of people buy behind
This is why we want thousands of currencies to launch and grow organically
According to the rules of this hackathon,
we are participating with a newly created account and staying anonymous.
Not for ourselves,
not for fame,
not for explanations.
Only for $Magnet.
In the days to come,
we will do one thing only: make $Magnet stronger.
Every submission
is an enhancement of $Magnet;
every module
is an evolution of $Magnet;
every run
brings $Magnet closer to its complete form.
$Magnet attracts results,
the code leaves evidence,
the system proves itself.
When all work is done,
when $Magnet starts to operate,
when everything naturally falls into place—
On the day of the award,
you will see $Magnet has accomplished what it was meant to do.
Now, no need to expect,
no need to speculate,
no need to ask.
Watch $Magnet.
Watch the results.
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$magnet attracts what it is meant to attract.
Some changes happen slowly,
so slowly that you can hardly feel them,
yet they are happening all the same.
During this time,
because of some unavoidable realities,
we disappeared briefly.
We sincerely apologize to every $magnet holder.
But we never stopped —
we were just quietly doing our work.
What we are doing now
is putting the $magnet into real-world use,
letting it be used, tested,
and continuously triggered.
You don’t need to rush,
and you don’t need to watch it constantly.
As long as you are still here,
the $magnet is still working for you.
Nice to meet $U on @Binance. 👋
United Stables ($U) will be listed on Binance at 08:00AM UTC, 13 January.
Start trading U/USDT and U/USDC with no fees.
Details 👇
@UTechStables@upnecs $Magnet hopes to become the mascot of $U.
A symbol of connection, attraction, and shared belief,
growing alongside the $U ecosystem.
Please stay patient.
It hasn’t been easy, but the $Magnet community is still holding strong.
Those who believe in $Magnet are still here.
What’s coming next might get crazy.
We’ve come this far with $Magnet — and we’ll keep moving forward together.
$Magnet stands with the community.
Short-term volatility is just part of the journey.
What truly carries Magnet forward is conviction, patience, and shared trust.
We move through ups and downs together —
as long as the community stands, the magnetic effect remains.
Time will tell.
🎉 Congrats! $Magnet has surpassed 1M!
From the fair Mint to this milestone,
we’ve faced doubts, misunderstandings, and even some FUD along the way.
But the community’s belief and persistence have carried $Magnet forward.
Every hold, every move contributes to the magnetic effect,
pushing the token onward and making the community stronger.
Thanks to every supporter—
real value always shows through time and facts.
The $Magnet story is just getting started.