Zensei(@zensei):an entire L1 blockchain is preparing to migrate to Solana! @ZetaChain plans to shut down its Layer 1 on December 9 and move $ZETA to solana, pending governance approval. here's the breakdown: - $ZETA migrates 1:1 as a native Solana token. - existing holders retain their token balances. - ~55M ZETA in undistributed emissions scheduled for burning in 2027. governance voting closes November 7. another interesting example of projects choosing Solana's existing infrastructure and user ecosystem over maintaining their own chain.

Zensei

@zensei

Solana DeFi and RWA | Researcher | Spreading love & positivity | @solanasensei Panda holder | The Love Meta

加入 May 2024

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Zensei@zensei

2026.11.07 08:00

an entire L1 blockchain is preparing to migrate to Solana! @ZetaChain plans to shut down its Layer 1 on December 9 and move $ZETA to solana, pending governance approval. here's the breakdown: - $ZETA migrates 1:1 as a native Solana token. - existing holders retain their token balances. - ~55M ZETA in undistributed emissions scheduled for burning in 2027. governance voting closes November 7. another interesting example of projects choosing Solana's existing infrastructure and user ecosystem over maintaining their own chain.