Dear Matrixport User,
In order to minimize the impact of uncertainty during the ETH Merge and potential hard fork*, the platform will temporarily adjust the fund utilization rate of the Flexi-Saving pool starting from 14:00 on September 14, 2022 (UTC+8). Snapshots of your current ETH Flexi-Saving assets will be taken before the Implementation Layer upgrade (Paris), approximately by 10:00 on September 15, 2022 (UTC+8).
The fund utilization of ETH Flexi-Saving will be restored as soon as snapshots are completed. During the snap-shooting period, your ETH Flexi-Saving may display a temporary interest of 0%, which is expected to last less than 24 hours. After the restoration, the yields will be back normal.
We are closely monitoring the community updates regarding the ETH Merge and hard fork, and reserve the right to make further adjustments to the estimated snapshot timeline if necessary.
Thank you for your continuous support of Matrixport. We always work hard to make your asset security our top priority.
September 14, 2022
*As there is still a lot of uncertainty about the Ethereum hard fork, Matrixport does not guarantee the distribution of the possible forked coins at this moment.