Dear Pando users,

The Ethereum Network has an upcoming shift from PoW (Proof-of-work) to PoS (Proof-of-stake) mechanism. The upgrade may result in two scenarios:

  1. No forked new token

If this is the case, your assets in Pando products won't be affected and you will not need to take any action.

  1. Forked new token(s) through hard forks

If this is the case, Mixin network will automatically convert the ETHs in it to the PoS ones. The previous PoW tokens will be viewed as forked tokens. As Mixin Network is Layer 2 chain and doesn't support new forked ETH airdrop, users who would like to continue holding on to the forked PoW tokens need to withdraw your ETHs to exchanges or wallets that supports the forked tokens to claim your share.

Updated at: