Coinbase Cloud blogged today 4 risks associated with Ethereum mergers (PoS conversions).
They are technical risk, operational risk, economic risk and risk due to lack of customer diversity.
Coinbase Cloud stated, “As the merger is the most technically complex upgrade, it is likely that various bugs and technical defects (technical risks) will occur. If clients and validators fail to upgrade in a timely manner, the node participation rate on the mainnet may also be will decrease (operational risk). After the upgrade, the demand for Ethereum borrowing to obtain the PoW hard fork version of ETHW increases rapidly, resulting in a sharp rise in ETH interest rates in the lending market, and there is an economic risk. Finally, the lack of customer diversity is a risk, and errors may not be filtered out block proposal.”