Update on imBTC Operations: Tokenlon to cease cross-chain gateway services
The Ethereum merge is expected to happen between now till 20th September, as the network moves from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism
The event is estimated to happen at block 15,540,293, which makes the merge likely to happen on 15th September 2022 (the exact time is not confirmed)
To ensure the safety of your assets, we will pause GTO services temporarily during the merge. We will resume imBTC + WBTC mint and redemption services after the merge and a security review.
We will decide on the exact time to resume GTO services depending on the results of the merge. Please take note of our latest announcements for the latest update
For more details on the Ethereum merge, please check out the official announcement
Tokenlon Team
13th September 2022