ZetaChain community votes 99.4% in favor of migrating ZETA token to Solana as a native SPL token, with 58% participation exceeding the 40% quorum requirement.
Regulation & Gov ·
ZetaChain's community is deciding whether to relocate its ZETA token to Solana as a native SPL asset. As voting enters its final phase, ballots overwhelmingly favor the shift, with backing at 99.4% and opposition at 0.3%. Participation has reached 58%, surpassing the mandatory 40% threshold needed for the measure to proceed. Voting concludes near 22:58 Beijing time on September 20.
Should the proposal pass, ZETA holders would exchange their tokens on a one-to-one basis with no change to total circulating supply. The migration would also encompass Anuma, a private multi-model AI application operated under ZetaChain that boasts over 300,000 active users, along with its supporting Private Memory Layer infrastructure.
The outcome remains pending final vote closure, though current tallies indicate strong community endorsement for the transition. No alternative scenarios or contingency timelines have been disclosed should the measure fail to reach final approval.