do we need to do something when we have a few ETH wallets with a few ERC-20 tokens on it? or it will automatically goes to ETH2.0? (in Metamask wallet)
just asking to be sure, thank you
Nothing threatens your tokens. There is no detailed information yet on how the migration of coins and tokens from ETH 1.0 to ETH 2.0 will take place.
Up-to-date information is available on this website
https://ethmerge.com/"Between April 16th and May 14th 2021 ETHGlobal will be hosting the Ethereum virtual scaling Hackaton. The Eth1-Eth2 merge is one of the projects which will be worked on during the hackathon.
Depending on the result of the prototypes being built during the ETHGlobal Hackathon and the first results of the first Eth 2.0 PoS hard fork, a decision will be made (in June 2021) on whether or not the Eth 1.0 PoW "Shanghai" hard fork will focus on Eth 1.0 Ethereum Improvement Proposals (EIPs) or if "The Merge" will become the top priority. The Shanghai hard fork is currently expected to take place in Q1 2022."