Hit PANews: ZetaChain governance proposal 68 passes with a high vote count—about 99.4% in favor, 0.3% against, with a participation rate of about 58% (over the 40% required quorum). $ZETA will be swapped 1:1 into Solana’s native SPL, with the total supply unchanged.
Exactly how the migration will be handled isn’t set in stone yet: the snapshot height, the claiming process, and when the original L1 will be shut down still need to wait for the second proposal to pass. And by the way, their private AI app for over 300,000 users, Anuma, also said it intends to migrate to Solana.
By moving the main token directly into SPL, this cross-chain project adds yet another path toward the $SOL ecosystem to the public-chain narrative side. #Solana $ZETA
Exactly how the migration will be handled isn’t set in stone yet: the snapshot height, the claiming process, and when the original L1 will be shut down still need to wait for the second proposal to pass. And by the way, their private AI app for over 300,000 users, Anuma, also said it intends to migrate to Solana.
By moving the main token directly into SPL, this cross-chain project adds yet another path toward the $SOL ecosystem to the public-chain narrative side. #Solana $ZETA
