ZetaChain Proposes Migrating ZETA Token to Solana
ZetaChain has proposed migrating its ZETA token to Solana's native SPL standard, maintaining a 1:1 conversion ratio and unchanged ticker. The move aims to integrate ZetaChain with the growing AI ecosystem on Solana, leveraging its high-performance network and existing infrastructure.
Anuma, a private AI app with over 300,000 users, already utilizes Solana's capabilities for its encrypted memory and user-controlled data. This integration is expected to create a unified application layer for AI usage on Solana.
According to ZetaChain, this migration will not affect existing holders of the ZETA token, with vesting schedules, balances, and positions intact across platforms like Ethereum and BSC. The move is subject to a 72-hour vote on ZetaHub, after which changes will be executed.