ZetaChain Opens Vote to Shut Down Layer 1 Around Dec. 9
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ZetaChain has opened a governance vote to shut down its Layer 1 network around Dec. 9, with staked and unbonding ZETA tokens counting toward claims while exchanges set their own conversion windows. The proposal puts the future of the ZETA token and its chain in validators' hands, marking a rare wind-down of a live Layer 1 rather than a simple migration. Token holders and market watchers should track the vote outcome and any announced conversion or redemption terms, since exchange-specific windows could create uneven liquidity for ZETA.
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Named in this story
ZETA, ZetaChain, exchanges