ZetaChain holders approve winding down L1, moving ZETA to Solana
Governance proposal 68 passed Sunday with 99.4% support and 58% participation, exceeding the 40% quorum requirement. The approved plan winds down ZetaChain’s layer-1 and migrates the native ZETA token to Solana.
ZetaChain tokenholders have approved a plan to wind down the project’s layer-1 blockchain and move its native ZETA token to Solana. 4% support and 58% participation, topping the network’s 40% quorum requirement. Under the proposal, ZETA will become a…