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After Ethereum transitioned, many people Proof of Stake (PoS)Ether factions (ethereum) minor is Proof of Work (PoW) Fork the network so they can still continue mining. Executives believe there are ways for ETH holders to take advantage of this upcoming event.
In a Twitter thread, Bobby Ong, co-founder of token information site CoinGecko, said: share His strategy for the upcoming ETH merge. According to Ong, ETH holders will soon receive an airdrop of his ETH PoW his token and shared some tips on how ETH holders can fully seize this opportunity.
Ong pointed out that the easiest way to get a fork airdrop is to hold ETH on an exchange that supports the fork. However, it is also possible for him to hold ETH in his hardware wallet, and the trader may be eligible for all forked tokens.
To maximize the amount of money holders can earn, executives ask traders to bridge their tokens to the ETH mainnet, unwrap Wrapped Ether (wETH), and increase ETH liquidity. Decentralized Finance (DeFi) protocol.
Related: what is the fork?Ethereum’s Potential Fork ETHW Token Trades Below $100
Despite these hints, Ong may be eligible for all forked tokens, but some of the airdrops could be fraudulent attempts to access his signatures and keys. I said I don’t want all airdrops because of The executive also shared that his strategy for forked tokens is to sell them all immediately. he wrote:
Almost all forked tokens are now dead because they were created only to temporarily dedicate miners to mining, with no incentive to expand community and usage.
On the other hand, OpenSea, a non-fungible token (NFT) marketplace, Does not support forked NFTs on that platform. A popular NFT trading platform recently announced that it will only support NFTs on its upgraded PoS blockchain. Apart from OpenSea, blockchain oracle project Chainlink has also announced support for the upgraded ETH network. PoW forks are not supported on Chainlink.
