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Notice Regarding the Completion of Ethereum Merge & Information on ETHW Distribution (2022-09-15)

source-logo  binance.com  + 1 more 15 September 2022 12:27, UTC
Fellow Binancians,
The Ethereum Merge was completed when the Terminal Total Difficulty (TTD) of 58750000000000000000000 was achieved at the ETH mainnet block height of 15,537,393, or 2022-09-15 06:42:42 (UTC). Binance has resumed deposits and withdrawals for ETH and ERC-20 tokens on the Ethereum Proof-of-Stake (PoS) chain.
If the potential Ethereum Proof-of-Work chain (ETHW) is successfully implemented, eligible users will be credited ETHW at a ratio of 1 ETH = 1 ETHW in their Spot wallets, based on their net ETH balances across eligible wallets at the snapshot time of 2022-09-15 06:42:42 (UTC). This process will usually take about two to five days. We will notify users in a separate announcement once the distribution is complete and when deposits and withdrawals for ETHW are enabled, or if the ETHW chain is unsuccessful.
Please note:
  • The snapshot will include the net ETH balances in Spot accounts, Funding accounts, Margin accounts, Savings accounts, Staking accounts and Coin-Margined Futures accounts. ETH balances in USDT-Margined Futures accounts and undistributed ETH interest payments will not be included in the snapshot.
  • ETH borrowed from Margin or Crypto Loans, or ETH transferred to Spot accounts from these accounts, will not count toward the distribution threshold.
  • Users with liability of ETH on Margin are required to return the forked token (ETHW).
  • For users with liability of ETH on Crypto Loans, liabilities equivalent to the forked token (ETHW) will be added to the ETH loan position.
  • For the trading and listing of ETHW on Binance, ETHW will go through the same strict listing review process as Binance does for any other coin/token. Supporting this distribution does not guarantee the listing of ETHW. Binance does not guarantee any listings as per our internal policy.
  • U.S. persons, entities and sanctioned countries are not eligible to receive this distribution. For more information, please refer to Binance Terms of Use.
For more information, please refer to the following:
  • Notice Regarding the Upcoming Ethereum Merge (2022-08-25)
  • Updates Regarding the Upcoming Ethereum Merge (2022-09-13)
binance.com

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