ZetaChain Holders Back Solana Migration As Proposal 68 Passes With 99.4%

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ZETA token holders have approved the migration to Solana with 99.4% support and roughly 58% voter participation, exceeding the 40% quorum requirement. The token will become a native Solana SPL token on a 1:1 basis with no new issuance and unchanged total supply. ZetaChain’s L1 blockchain has not yet halted, and validators and staking rewards continue during the first phase. Final details including the snapshot block, withdrawal window and exchange-swap schedule will be set by a later governance proposal.

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Telemac
Telemachttp://cryptoinfo.ch
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