ZetaChain holders approved a 1:1 migration of native Zeta (ZETA) to Solana, clearing a plan to halt the network’s Layer 1 around Dec. 9 and burn undistributed rewards in 2027.

Voting closed Nov. 7. Proposal 70 passed with more than 99.99% support and 83% participation. The vote advances an earlier migration proposal from a plan under consideration to an approved transition.

The approved plan sets the final balance snapshot at block 20,755,000, expected around Dec. 9, when ZetaChain’s Layer 1 is also scheduled to halt. Users may begin claims on Dec. 9 if the security review is complete by then.

Native ZETA on ZetaChain is due to migrate to a Solana token at a 1:1 ratio. Self-custody addresses must hold at least 10 ZETA at the snapshot to qualify for a claim, which will require neither a fee nor SOL. ZETA held on Ethereum as an ERC-20 token is outside the plan.

The validator-incentives allocation totals 210 million ZETA. About 55 million is expected to remain undistributed at the snapshot, with 12 monthly burns planned from January through December 2027 at roughly 4.6 million ZETA each. The exact burn amount will be calculated at the snapshot. The migration will create no new ZETA, and the maximum supply across chains will decline by the amount burned.

Purchaser and core-contributor allocations are scheduled to finish unlocking Jan. 1, 2027. ZetaChain will not sell newly released ZETA in 2027 from its User Growth Pool, Ecosystem Growth Fund, Protocol Treasury or Liquidity Incentives allocations.

ZetaChain has scheduled ZetaLabs, a planned AI product, to launch Dec. 9. Users are scheduled to be able to pay with ZETA at a discount, vote on supported markets, data sources and AI models, and lock ZETA for Premium access beginning in the first quarter of 2027.

ZetaScan is scheduled to remain available, with an archive node provided through Oct. 31, 2027. The next scheduled milestone is the block 20,755,000 snapshot and planned Layer 1 halt around Dec. 9.

Simon Yoon

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to [email protected].