The Merge Ethereum upgrade and what it means to CoinLoan users

What is the Merge?

What measures CoinLoan will take

Affected assets

Are any other actions on the platform suspended too?

How The Merge can go: two possible scenarios

  • CoinLoan will treat tokens generated on the Ethereum upgraded PoS chain as ETH and tokens generated on the Ethereum PoW chain as forked tokens.
  • We will credit the forked tokens directly into your CoinLoan Wallet based on the snapshots of your ETH balances. Note: Don’t withdraw your assets before The Merge, as snapshot time can vary.
  • New tokens will follow the same security and technical procedures as all the new assets we list on the platform. If all requirements are met, we will make them available to our users for the relevant scope of operations as soon as possible.

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CoinLoan is a Crypto Lending Platform

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