Thanks for the replies.
@shaydinblue: I was aware that the peg is active, I was really just following up on the post by BitBayDoc re freezing/reserving. BBD said he was not going to freeze/reserve until after next update, implying he had the choice. I was just wondering why coins were being reserved without any action being taken.
@yshurik: what exactly is the difference between reserved coins and frozen coins?