Zcash's Ironwood Pool Attracts $80M in ZEC Within 24 Hours of Launch

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Approximately $80 million worth of ZEC tokens migrated into Zcash's newly launched Ironwood pool within its first day of operation. The transferred amount represents roughly 5% of the total funds that were held in the now-retired Orchard pool. The Orchard pool has been phased out and no longer accepts new deposits. The remaining 95% of funds previously held in Orchard remain in a pool that users can no longer add to, raising questions about how quickly the full migration will occur.

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