ZetaChain Plans to Migrate ZETA to Solana on December 9

TechFlow reported on November 5 that, according to ZetaChain's official announcement, the proposal for the mechanism to migrate ZETA to Solana has opened for voting and will close on November 7. If approved, ZetaChain L1 is expected to cease operations around December 9, and ZETA will migrate to a native Solana token on a 1:1 basis. The migration claim portal is planned to open on December 9.

The proposal also plans to burn a total of approximately 55 million unallocated validator rewards in monthly installments in 2027. The project's market-facing privacy AI application, ZetaLabs, is scheduled to launch on December 9, with ZETA serving as its core token.

Source: TechFlow