temio

The Sandbox team has identified and fully contained a recent vulnerability regarding the SAND cross-chain bridge on Base and BNB Smart Chain (BSC). The impact is minimal, representing less than 0.01% of the total SAND token supply. SAND tokens on Ethereum and Polygon are NOT affected. No user wallets were compromised, and no action is required from holders and liquidity pool (LP) providers on those networks. The SAND locked on Ethereum, which backs all bridged SAND, is fully intact. An attacker was able to mint unbacked SAND on Base and BSC. We have disabled bridging to and from both networks, so SAND on Base and BSC is currently isolated and cannot be moved or redeemed. ⚠️ Do not buy, sell, or trade SAND on Base or BSC. Liquidity on those networks is compromised. We are taking a pre-incident snapshot and preparing a compensation plan for the qualified users of the impacted LPs. Affected users can reach out to official support via [email protected]. We continue to monitor the situation and are actively investigating its scope, and we will share a full incident report and detailed technical post-mortem soon. We apologize for the inconvenience this has caused and deeply appreciate the continued patience and support of The Sandbox community. ⚠️ Reminder: Our team will NEVER DM you first. Please beware of scam links in the replies.