Post Ethereum Merge on ICONFi

Dear ICONFi users,

Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) is now complete.

There were no technology or service issues on our side at ICONFi. All ETH was successfully migrated from PoW to PoS when The Merge occurred, and there is no necessary action that any ICONFi user needs to take. Withdrawals, deposits, and all services are currently fully functional.

At the time of the transition, aka “The Merge”, a snapshot of accounts’ ETH balances was taken. As a result of The Merge, if ICONFi receives any forked token(s) that can be allocated to users’ ICONFi accounts, we will decide, at our sole discretion, if token(s) can or will be allocated at a later date based on our internal assessment. Our evaluation of the forked token(s) will cover various aspects such as, the forked chains’ network stability, token liquidity, exchange availability, etc.

Currently, there are no plans to support any forked tokens as Earn Fixed or Flexible products. We will keep you posted on any further developments on when or if there will be any forked token allocations for ICONFi accounts.

Questions?

If you have any questions or feedback, please open a ticket at #support channel on https://discord.gg/YdWsjaW8Eh.

About ICONFi

ICONFi is a digital asset savings platform that provides simple and intuitive earn products so that anyone can easily multiply crypto assets. ICONFi aims to simplify the complicated processes often associated with crypto assets and offers a sleek, straightforward user interface which supports saving, staking and airdrop activities at the palm of your hand.

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ICONFi

A new crypto staking and earn service for the ICON community.