KyberSwap Will Provide Ethereum Proof-of-Work Support For 30 Days

Being built on Ethereum and integrated with several EVM-compatible chains, KyberSwap strongly ties to Ethereum. In a recent announcement, KyberSwap offered users an easy way to convert their Ethereum Proof-of-Work (EthPoW) assets. The liquidity hub stated that users would only be able to access and swap their assets for a month. https://twitter.com/KyberNetwork/status/1570590297285066752

Ethereum Proof-of-Work Support For 30 Days

There has been a constant stream of users seeking advice on managing the Merge and gaining access to EthPoW assets. KyberSwap, in its blog post, stated its purpose of making DeFi simple, quick, secure, and available. Although KyberSwap has always supported EthPoS as the only canonical chain, the company decided to enable EthPoW access on their user interface (UI) to see if there was any demand for it. The majority of respondents — more than 60% — supported this approach.

Focus On EthPoW Interface And Integration

Following the Merge, the KyberSwap team worked on EthPoW integration and interface. According to the statement, $ETHW and other EthPoW assets can be accessed and swapped for 30 days. To start using the UI, users must log in to KyberSwap.com, connect their DeFi wallet, and switch to EthPoW. Since KyberSwap supports EthPoS as the only canonical chain, the UI for EthPoW will no longer be supported after this period. It is no secret that the Ethereum Merge is one of the most notable events in blockchain history. A portion of the community produced an EthPoW fork, which made the sole legitimate Ethereum Proof-of-Stake Chain.

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