Important Notice#2 ChainSwap Hack

Dear PERI Finance community, it has been 3 days since ChainSwap was attacked by hackers.

PERI Finance team immediately realized the hacking issue and the team working around the clock to ensure all our users and stakeholders not to involved in this incident. Our devoted team found that there was no damage done to any of our users and stakeholders. The team has rapidly requested the Ethereum network to block the hacker’s smart contract address in order to prevent the transaction that can cause the price drops.

The attacker has stolen about 61,000 PERI from ChainSwap and sold 10,000 PERI on MEXC. PERI Finance bought the dumped PERI on MEXC which balanced out the market. The attacker still took control of nearly 51,000 $PERI on the Ethereum mainnet and tried to sell additional PERI on other CEX. However, our team urgently blocked the contract address and requested the Gateio and MEXC to close transfers to ensure additional damage. Those of 51,000 PERI are frozen and considered as burned in total supply circulations.

PERI trading continued on all DEXs and CEXs. We also newly listed on XT.com to open more trading opportunities for the users.

We respect the PERI Finance community for your patience and support throughout these challenging times. We believe the best foot forward is by being transparent about the issue and implementing a thorough prevention plan to set safe and faithful project.

About PERI Finance

PERI Finance is an innovative synthetics issuance and derivatives market that utilizes blockchain technology to supercharge trades through its protocol.

PERI Finance allows accessing a wide range of both traditional financial and crypto assets in the form of leverage and non-leverage synthetic products. We empower users with the lower GAS fee, speedy transaction, and ample security from front-running or flash loan.

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