Humanity Protocol has revealed a recovery plan for holders of its H token following the security incident on June 8 that forced the project to halt its previous token across multiple networks.
The blockchain identity platform said the old H tokens on Ethereum, BNB Chain, and Humanity Mainnet have been permanently retired. In their place, the team has launched a new audited ERC-20 token on Ethereum that will continue using the ticker H as it begins the migration process.
— Humanity (@Humanityprot) June 16, 2026
Snapshot-based airdrop to replace old H tokens
According to Humanity Protocol, the replacement tokens will be distributed through a 1:1 airdrop based on balances recorded before the exploit.
The project captured a snapshot of user holdings on June 8, 2026, at 17:25:35 UTC across Ethereum, BNB Chain, and Humanity Mainnet. Eligible wallets that are externally owned accounts will automatically receive the new H tokens without requiring any action.
Tokens held in liquidity pools or smart contracts will not be distributed automatically. Instead, those balances will be transferred to a vault while the team works directly with affected protocols and partners to determine the appropriate destination for the assets.
Compensation fund targets affected users
Alongside the token swap, Humanity Protocol has established an H Compensation Fund to handle cases that cannot be resolved through the automatic airdrop.
The fund is expected to support users involved in third-party integrations, decentralized liquidity providers facing balance discrepancies, and investors who purchased H after the June 8 snapshot but still hold the token. Those users will be required to complete identity verification before receiving compensation.
The team also warned users to avoid unofficial claim links, stressing that updates will only be shared through verified communication channels.
In related development, Memecoin launch platform DxSale suffered a major exploit that drained about $7.3 million in crypto assets from its liquidity locker on the BNB Chain, affecting nearly 1,400 liquidity providers (LPs).
Mainnet relaunch and migration efforts are underway
The recovery plan follows earlier findings that linked the exploit to compromised developer credentials rather than weaknesses in Humanity Protocol’s token contracts or bridge infrastructure. Previous investigations suggested attackers gained access to multiple private keys stored on an infected machine and used them to drain and mint millions of H tokens.
Looking ahead, Humanity Protocol said it is coordinating with centralized exchanges, bridges, liquidity providers, and ecosystem partners to complete the migration. The project also plans to relaunch Humanity Mainnet in the coming weeks, with the newly issued H token serving as the network’s native gas token.
For token holders, attention now turns to the rollout of the airdrop, the compensation process, exchange support, and the timeline for the mainnet relaunch.
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