ZetaChain Solana Migration Faces Governance Vote as Layer 1 Shutdown Set for December 9

TLDR: ZetaChain’s Proposal 2 seeks approval for a permanent Layer 1 shutdown on December 9. Native ZETA holders will receive Solana-based SPL tokens at a fixed 1:1 migration ratio. ZetaLabs will launch on December 9, offering private AI tools for financial market research. ZetaChain plans to burn 55 million undistributed ZETA through twelve monthly burns [...]

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