ZetaChain Votes to Wind Down Layer 1 and Move ZETA to Solana

ZetaChain governance has approved winding down the project's Layer 1 and replacing ZETA native to that network with a Solana SPL token at a 1:1 ratio. Proposal 68 passed with 99.4% of votes in favor. Participation reached 58%, exceeding the 40% quorum. The vote approves the direction of the... Read the full story at The Defiant