Current outcome
Proposal 68 passed with 99.4% support and 58% participation; exchanges must first confirm the swap before a second vote sets the snapshot, claims, and shutdown schedule, so shutdown and migration remain pending while validators continue operating and staking rewards continue.
Progress timeline
3 material updates- #01
ZetaChain votes to shut down Layer 1 network and move ZETA to Solana
ZetaChain token holders voted to shut down the project's Layer 1 network and move the ZETA asset to Solana, with the team pivoting to its private AI app Anuma, though the migration requires one more vote.
Source evidence: The Block
- #02
ZetaChain holders approve plan to wind down L1, move ZETA to Solana
Added details: governance proposal 68 passed with 99.4% support and 58% participation, exceeding the 40% quorum; ZETA will become a Solana SPL token via 1:1 conversion with same ticker and total supply; the vote does not immediately trigger shutdown or migration, and core contributors will submit a second proposal detailing the withdrawal window, snapshot block height, shutdown timetable, token claim process, and exchange conversion period.
State after update: ZetaChain tokenholders passed governance proposal 68 to wind down the Cosmos-based Layer 1 and migrate ZETA to Solana, but the shutdown and migration will not occur immediately; validators continue operating, staking rewards continue, and a second proposal is still needed to detail the migration and shutdown process.
Source evidence: Cointelegraph
- #03
ZetaChain Votes to Wind Down Layer 1 and Move ZETA to Solana
Exchanges must confirm the ZETA-to-Solana swap before a second governance vote sets the snapshot, token claims, and shutdown schedule.
State after update: Proposal 68 passed with 99.4% support and 58% participation; exchanges must first confirm the swap before a second vote sets the snapshot, claims, and shutdown schedule, so shutdown and migration remain pending while validators continue operating and staking rewards continue.
Source evidence: The Defiant