Update on 2022-09-16
AscendEX will airdrop and open trading for EthereumPoW (ETHW). Details are as follows:
ETHW is the token for a potential forked chain of Ethereum that will continue using Proof of Work consensus. Following the successful completion of the Ethereum merge, Ethereum (ETH) holders on AscendEX have been credited ETHW at a ratio of 1:1.
Trading for EthereumPoW will open at 10 pm UTC under the trading pair ETHW/USDT.
Deposit and withdrawal will be supported for ETHW if a canonical EthereumPoW chain emerges that passes our security requirements. If no canonical EthereumPoW chain emerges, ETHW will settle to zero. Stay tuned for further announcements.
Please take time to research the risks associated with trading this product. This token may or may not exist depending on the actions of the community of PoW miners. If AscendEX determines that no EthereumPoW fork can pass our security requirements, the token will settle to zero, and deposits and withdrawals will not be supported.
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