$UFO Token Migration Announced - What Holders Need to Know.
The UFO token is migrating to a new contract.
A sophisticated bot - believed to be AI-driven was exploiting the UFO liquidity farms reward system. After extensive consultation with community members, outside advisors, and AI tools, it was determined that migrating to a new contract was the only viable long-term solution. The original UFO contract is not compromised. Only the farm. However the focus going forward will be on the new UFO.
New Tokenomics (post-migration):
1% to Holders
1% Burn $pTGC
1% Burn UFO
3% LP — distributed across $PLS, $PLSX, and $ETH and burned 🔥(previously paid to LP providers)
The total UFO supply will remain unchanged.
What you need to do:
LP holders — Consider unpairing your UFO LP position before the snapshot (expected sometime after 22 June) if you want UFO tokens in your wallet. NFA.
UFO holders — No action required, though moving old tokens to a separate wallet after the snapshot may be a good idea to avoid confusion.
Tell your friends — Especially anyone you know holding UFO in LP. They'll want to know.
Everyone — Stay alert for scams related to this migration.
$pTGC - unaffected
The new contract deployment date will not be announced in advance to prevent gaming. Follow official channels and reach out on X or Telegram with questions.
Follow @thegray369 for updates.
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More sell pressure than buy pressure.
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More sell pressure than buy pressure.
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More buy pressure than sell pressure.
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