Most of the developers of the Ethereum network are making the latest edits to the network update known as The Merge. However, a small group of programmers are working on a very different task. Their goal is to maintain their source of revenue after the merge update on Ethereum.

Who is working on the ETH fork?

A small group of developers led by Chinese miner Chandler Guo wants to create a fork of the existing Ethereum network that will not move to the proof of stake consensus algorithm but will remain on proof of work. The fork is called Ethereum POW

How to get the airdrop

Guo said the new blockchain will give away new tokens to ETH holders via airdrop. Bobby Ong, the co-founder of Coingecko, gave some tips on how to get new ETH tokens. The wallet or exchange where ETH is stored must support the new fork.

Those who hold ETH in tier 2 applications such as Arbitrum or Optimism will need to withdraw them to the mainnet in order to receive ETH PoW tokens. All wrapped ETH in the main network will need to be “deployed” and all ETH will need to be withdrawn from the liquidity pools. It may also make sense to borrow tokens from protocols such as Compound or AAVE, as Ethereum holders will receive ETH POW at the time of the network snapshot.

Tron’s notorious blockchain founder Justin Sun said that his cryptocurrency exchange Poloniex will support all Ethereum proof-of-work tokens.

Some analysts advise caution, as forks often die without support from users or developers.

https://altcoin.ng/how-to-get-the-airdrop-of-ethereums-new-fork/