ZetaChain votes to shut down Layer 1 network and move ZETA to Solana
AI-summarised brief · reviewed before publication
ZetaChain’s community voted 99.4% in favor of shutting down its Layer 1 Cosmos‑SDK blockchain and migrating the ZETA token to Solana. The decision, approved at 10:58 a.m. ET, was reached with 58% voter turnout, surpassing the required 40% quorum. The move follows the team’s focus on Anuma, a private AI application launched in February, which the developers say can thrive on Solana’s infrastructure. The migration will convert ZETA to a Solana SPL token at a 1:1 ratio, keeping the same supply and vesting schedules. A subsequent proposal will set the exact block height for the token swap and outline withdrawal procedures, pending exchange confirmations.
💡 Why It Matters
- · By abandoning its own chain, ZetaChain reduces maintenance overhead and aligns its AI product with Solana’s growing ecosystem, potentially accelerating adoption of its Anuma platform.