Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES
BTCETHSOLXRPBNBTONDOTLTCPOLHBARNEARARBUNI
Back to NewsFeeds

ZetaChain proposal would burn about 55m ZETA and bar 2027 foundation sales

NewsFeeds update

ZetaChain has opened voting on a second governance proposal for its move to Solana, which would burn about 55m ZETA through monthly burns in 2027 and bar the foundation from selling newly unlocked ZETA that year. ZETA would migrate 1:1 on 9 Dec 2026 if approved, with voting ending 7 Nov.

AltcoinsOdailyAIBullish

Read the original on Odaily

The story so far: ZetaChain Solana migration proposal

ZetaChain opened voting on a governance proposal to move to Solana, migrating ZETA 1:1 on 9 Dec 2026, burning about 55m ZETA and barring foundation sales of newly unlocked tokens in 2027. Voting ends 7 Nov.

  1. ZetaChain proposal would burn about 55m ZETA and bar 2027 foundation sales

    ZetaChain has opened voting on a second governance proposal for its move to Solana, which would burn about 55m ZETA through monthly burns in 2027 and bar the foundation from selling newly unlocked ZETA that year. ZETA would migrate 1:1 on 9 Dec 2026 if approved, with voting ending 7 Nov.

    AltcoinsOdailyAIBullish

  2. ZetaChain proposes burning 55 million ZETA in Solana migration plan

    ZetaChain has proposed shutting its native layer-1 on 9 Dec and issuing ZETA one-to-one on Solana, burning about 55 million ZETA worth roughly $2.04m. The foundation said it will not sell tokens unlocked in 2027; voting ends 7 Nov.

    AltcoinsCoinNessAIBearish

More Altcoins updates

  1. Aptos pushes into institutional onchain finance with backing from BlackRock and others

    AltcoinsCoinNessAIBullish

  2. HSBC, JPMorgan and three other banks launch GL1 Org for tokenised markets

    AltcoinsPANewsAIBullish

  3. Crypto market rebounds broadly as Bitcoin breaks above $80,000

    AltcoinsPANewsAIBullish

Every Altcoins update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.