ZETACHAIN PROPOSES SHUTTING DOWN ITS L1 ON DEC 9 AND MOVING ZETA TO SOLANA! @ZetaChain has put Governance Proposal 2 up for vote. If it passes, the Layer 1 permanently stops…
Crypto Banter Published: 2026-11-05 12:17 UTC Collected: 2026-11-05 12:34 UTC Original language: Not supplied by source
🚨ZETACHAIN PROPOSES SHUTTING DOWN ITS L1 ON DEC 9 AND MOVING ZETA TO SOLANA!
@ZetaChain has put Governance Proposal 2 up for vote. If it passes, the Layer 1 permanently stops producing blocks around…
🚨ZETACHAIN PROPOSES SHUTTING DOWN ITS L1 ON DEC 9 AND MOVING ZETA TO SOLANA!
@ZetaChain has put Governance Proposal 2 up for vote. If it passes, the Layer 1 permanently stops producing blocks around December 9 and native $ZETA migrates 1:1 to Solana as an SPL token.
The same day it plans to launch ZetaLabs, a privacy-focused AI app for financial markets that will use $ZETA for payments, features, and governance.
It also plans to burn roughly 55 million $ZETA (former validator rewards) in batches through 2027.
Voting ends November 7.
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