🚨 [Important Announcement] 🚨
Dear Community,
We regret to inform you that our system has suffered a critical targeted attack due to a vulnerability in the backend of our Rolldrops claim server.
🛠️ What Happened
An attacker exploited a backdoor in the allocation logic of our claim system, enabling them to simulate eligible addresses and withdraw rewards far beyond legitimate amounts.
So far, the attacker has stolen approximately 1 Million $STN! and is attempting to IBC-transfer and sell up to 800,000 $STN.
We conducted a manual buyback to stabilize the market, but this strategy proved ineffective, as the attacker continues to hold and sell stolen funds.
🔐 Our Response: RollApp Relaunch
After assessing the full scope of the breach, we have decided to relaunch our RollApp from scratch with stronger security, updated infrastructure, and a clean slate.
📸 Snapshot Taken — Please Sell Remaining $STN
As part of this recovery plan, we’ve successfully taken a snapshot of all current $STN holders. This snapshot will be used to calculate your new allocation on the upcoming RollApp.
We are now encouraging all holders to sell any remaining $STN they currently hold, if they wish.
There is no need to keep holding $STN on the compromised RollApp — your balance is already locked in and secured for the next phase.
🔎 Why We’re Encouraging This:
- The current RollApp has been compromised and will be fully deprecated.
- Market activity may be negatively influenced by the attacker’s large holdings.
- Selling now allows you to minimize risk while waiting for your airdrop on the new RollApp.
- We want our community to feel empowered and protected, with rewards already guaranteed via the snapshot.
💡 Reminder: Selling now does not impact your eligibility. Your allocation on the new RollApp is secured based on your snapshot balance.
✅ What’s Next
- Snapshot locked in. We’ll use this to deliver new tokens during the airdrop.
- New RollApp launching. Built with a redesigned backend, hardened logic, and stricter validation.
- 2x Compensation. All snapshot holders will receive 2x the $STN they held, as a gesture of transparency, fairness, and gratitude.
- DA Migration. We're switching our Data Availability layer from Celestia to Avail for more predictable cost and reliability.
- Manual airdrop paused. All claims and support tickets are on hold until the new RollApp is live.
🎯 Final Words
We deeply understand the concern and frustration this situation may have caused.
But we want you to know that:
- ✅ Your voice matters.
- ✅ Your holdings will be honored — and doubled in the relaunch.
- ✅ We’re committed to full transparency and building back stronger.
This is not the end — it’s the beginning of a new and fortified chapter for our network.
🙏 Thank you for standing by us.
📢 More updates on migration, relaunch date, and claim instructions will follow shortly.
With respect and commitment,
— Sirath Network, Team