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What happens to ETH after the Merge? Following our response t | FTX Announcements

What happens to ETH after the Merge?

Following our response to the Merge announcement, please see the below for more details.

* After the Merge, that could take place in Q3/Q4 2022, one or more forks could emerge.

* FTX will evaluate the distribution of the forked tokens. If FTX decides to distribute the forked tokens, borrowers of ETH will be charged forked token(s) based on their FTX ETH balance, as of the fork snapshot.

* If FTX decides to distribute forked tokens, we will distribute the tokens after the project has completed.

* FTX will evaluate the listing of forked tokens at a later date.

* The “ETH” ticker will be used for ETH PoS after the Merge.

Note: Please take note of the timeline and manage your positions accordingly.

Details: https://help.ftx.com/hc/en-us/articles/8567017550356