ZetaChain Proposes to Shut Down Its Blockchain and Move ZETA to Solana
ZetaChain Proposes to Shut Down Its Blockchain and Move ZETA to Solana
ZetaChain has put forward a plan to halt its Layer 1 network and migrate the ZETA token to Solana. If approved, the migration will begin around December 9, maintaining balances at a 1:1 ratio. The project also proposes to burn approximately 55 million ZETA in 2027 and launch the ZetaLabs platform.