Being built on Ethereum and integrated with several EVM-compatible chains, <a href="https://kyberswap.com/" target="_blank" rel="nofollow noopener">KyberSwap</a> 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
<h2>Ethereum Proof-of-Work Support For 30 Days</h2>
There has been a constant stream of users seeking advice on managing <a href="https://www.cryptoknowmics.com/news/ethereum-merge-to-pos-could-push-pow-by-the-wayside-di-lorio/" target="_blank" rel="noopener">the Merge</a> and gaining access to EthPoW assets. KyberSwap, in its <a href="https://blog.kyber.network/kyberswap-will-provide-ethereum-proof-of-work-support-for-30-days-ce665f377aff" target="_blank" rel="nofollow noopener">blog post</a>, 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.
<h2>Focus On EthPoW Interface And Integration</h2>
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 <a href="https://www.cryptoknowmics.com/news/global-electricity-consumption-will-drop-by-0-2-after-ethereum-merge/" target="_blank" rel="noopener">Ethereum Merge</a> 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.

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

After the Merge, KyberSwap focused on the Ethereum Proof-of-Work interface and integration. Users can now access and trade EthPoW assets for 30 days.

Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.

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

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