The Ethereum Merge is coming and set to arrive around the 15th of September.
Following the analysis on Discourse informing the Bancor community of the anticipated changes in the Ethereum transition to proof-of-stake and their effect on Bancor (minimal to none), two proposals regarding the Ethereum Merge have recently been voted on by the Bancor DAO:
1. Proposal: Determine action in the event of a PoW Fork
2. Proposal: Pause Bancor during The Merge
The first proposal was seeking to determine what action to take on the Ethereum Proof of Work fork post the Ethereum merge. The Bancor DAO has voted to not take any action on the POW fork meaning that v2.1 and v3 will exist but won’t have any support from contributors.
The second proposal is seeking to pause the protocol before the merge and resume it after to account for any unknowns as a precautionary measure.
The Bancor DAO has voted to not do anything as no issues are expected. Post merge update will be shared.
