ZetaChain Shuts Down Layer 1, Passes ZETA Migration to Solana Proposal with 99.4% Support

Odaily News: The ZetaChain community has passed Proposal 68 with a voter participation rate of 58%, exceeding the 40% quorum threshold; both against votes and abstentions accounted for 0.3%.

ZetaChain stated that the project will shift its focus to Anuma, an AI application launched in February this year, and will no longer maintain its independent Layer 1 built on Cosmos SDK. Anuma claims to have over 300,000 users and has processed 1 million requests from 35 AI models.

According to the proposal, ZETA will be converted to Solana-native SPL tokens at a 1:1 ratio, retaining the original token ticker and total supply, with the existing unlock schedule unchanged; ZETA on Ethereum and BNB Chain is not included in this migration. The shutdown timeline has not yet been determined, and a second vote will be held to determine the balance snapshot block, shutdown block, token claiming, and asset withdrawal plans. The project team will not initiate the second vote until trading platforms confirm the exchange arrangements; during this period, ZETA staking will continue.