- Potential Forked Tokens:
- ETHS: The token for the new PoS (proof-of-stake) chain;
- ETHW: The token for the PoW (proof-of-work) chain that will potentially continue to exist once the hard fork occurs.
- Swap (ETH into ETHS & ETHW) Period: 2022-08-08 02:00 (UTC) till ETH 2.0 upgrade
- Swap (ETHS & ETHW into ETH) period: 2022-08-08 02:00 (UTC) till ETH 2.0 upgrade
- Market Pairs: ETHS/USDT, ETHW/USDT (More pairs may be available for trading in the future)
- Trading for ETHS & ETHW: 2022-08-08 04:00 (UTC)
- Deposits & Withdrawals: Deposits and withdrawals of ETHS & ETHW will not be enabled.
- ETHS will be automatically converted into the upgraded ETH at a 1:1 ratio and the ETHS market will be closed.
- After the hard fork, the PoW chain with the most hashrate will serve as the main chain of ETHW. ETHW held by users will be automatically converted into the upgraded ETHW at a 1:1 ratio.
- MEXC will also support other PoW chains resulting from the fork if any, and fully respect the community's opinions on token naming.
- MEXC will adapt the token's name to the final community consensus and re-enable the token's deposits and withdrawals in due course.
For details about the snapshot and airdrops, please follow our upcoming announcements.
- The ETH symbol will be retained.
- In this case, MEXC will suspend and delist ETHS, ETHW, and their associated markets.
- Users can swap their ETHS and ETHW tokens to ETH at 1:1 ratio (1ETHS+1 ETHW = 1 ETH).
Please be cautious about the potential risks involved.
Based on the latest market information and community consensus, MEXC will take the above measures and continue to make the utmost effort to maintain a stable market. More details will be provided in the following announcements.
MEXC reserves the right to amend or change this announcement at any time (e.g. delist the relevant trading pairs in advance) to adapt to the latest market trends.
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Enjoy trading on MEXC.
The MEXC Team
5 August 2022