Nexo is a blockchain project that provides instant short-term loans. The advantages of the project are that users are provided with fiat funds in accordance with the amount that was frozen in digital currency, customers retain ownership, there are low commissions, transparency, no lengthy inspections, no tax fees.

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What Nexo clients need to know about Ethereum’s critical upgrade and the company’s support for the highly likely PoW fork.

Nexo’s Approach to the Ethereum Merge & ETH Fork • Nexo

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Nexo’s Approach to the Ethereum Merge

1️⃣ We fully support Ethereum’s new PoS era.

2️⃣ In the event of PoW forks, we will evaluate the logistics and support for distribution. If the network is healthy and has significant user value, we'd send the forked tokens into your accounts.

3️⃣ As a precaution and to ensure funds’ safety, Nexo will briefly pause new ETH and ERC-20 token top-ups and withdrawals during the Merge.

4️⃣ Swapping and borrowing against ETH and ERC-20 tokens and sending/ receiving assets from non-Ethereum networks will be possible 24/7.

5️⃣ The Merge culminates years of work towards a greener and more scalable Ethereum. No action is required to upgrade on your part and your assets will be secure, as always.

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https://nexo.io/blog/the-nexo-approach-to-the-ethereum-merge

Nexo's Approach to the Ethereum Merge. We fully support Ethereum's new PoS era.