The Basic Attention Token team has announced an amendment in the platform’s smart contract. The release stated that the change was necessary to improve security and stability of the platform.
According to the broadcast made to the community and seen by Cryptoinfowatch via the Telegram channel, it stated that holders of the asset should send their numbers to a new smart contract to avoid loss of their tokens.
“In order to avoid the loss of your assets, we ask you to register tokens by sending their number to the specified new smart contract,”
the admin of the channel wrote.
The post addressed to holders of the BAT token stated that the new arrangement would take cognizance of the address of the holder and the quantity of token held in their wallets.
It also took note that the team is aware of the inconvenience the change would have on the investors and announced a compensation for it stating:
“Also, as a compensation for the inconvenience, will be credited to each registered address bonus in the form of 25 BAT.”
The urgency of the migration was highlighted and investors advised to register in a short time to avoid having their token voided. The new smart contract was given as 0xDA88996F7D5548a088d97e6F67EF953f1a07D4b9
The release further directed all questions: @malik_irm and @lnvestorKZ