OptionRoom ROOM token important update

Summary

• On Saturday, July 10th, 2021 at 20:47 UTC, there was a vulnerability exploit in the ChainSwap protocol that impacted ROOM token holders.
• Multiple projects have been affected by this hack, including OptionRoom. The hacker was able to acquire 2.3M ROOM tokens on the Ethereum chain, and 10M ROOM tokens on the BSC chain.
• OptionRoom team made a quick decision to withdraw and sell into existing Uniswap liquidity in order to protect token holders and liquidity providers from the hacker selling into the liquidity pool
• We were able to recover $443,974 by selling tokens from the deployer into the Uniswap pool. This way we managed to withdraw liquidity on behalf of liquidity providers for the project. The recovered amount will be distributed amongst the liquidity providers based on their share
• ROOM holders will be airdropped the exact amount of tokens held prior to Chainswap being hacked. This includes ROOM holders on centralized exchanges. Ethereum holders will be airdropped on BSC. The snapshot is taken at the block height: 12801954 (Timestamp: (Jul-10–2021 09:07:02 PM +UTC).
• The exact dates of the airdrop are to be announced.
• The OptionRoom team will provide liquidity on Uniswap at the beginning of the airdrop and start the trading event.

Snapshot and airdrop new token:

ROOM holders will be airdropped the exact amount of tokens held prior to Chainswap being hacked. This includes ROOM holders on centralized exchanges. Ethereum holders will be airdropped on BSC.

The snapshot is taken at the block height: 12801954 (Timestamp: (Jul-10–2021 09:07:02 PM +UTC). This means that ROOM holders will be airdropped the exact amount of tokens held prior to Chainswap being hacked. All the ROOM holders on exchanges will get their old tokens redeemed to match the amount at the time of the snapshot.

The exact dates of the airdrop are to be announced.

New developments and future of the OptionRoom protocol

• Forecast markets are live on Mainnet (BSC), users can now create and participate
• Governance is live on Mainnet (BSC)
• New marketing agency hired
• UI improvements and fixes