DeFi· ★★★· neutral·

88.5% of Zcash funds moved to Ironwood pool, Ledger support unclear

  • Ironwood balance is 3.95 million ZEC, Orchard is 415,000 ZEC
  • Of 3.62 million ZEC in Orchard, 3.2 million ZEC has been moved
  • Ironwood was activated on July 28 alongside the NU6.3 upgrade
  • Ledger has not given a timeline for Ironwood support on devices
Why it matters: Whether holders can safely move and use their ZEC depends on wallets and exchanges adding Ironwood support.
Source: TokenPost