ZETA migrates to Solana: passing ≠ already swapped
With 99.4% voting in favor and a participation rate of 58%, ZetaChain’s proposal to migrate ZETA to Solana is collecting votes tonight around 22:58 Taipei time. The numbers look like a done deal—don’t rush to assume it has already been “swapped into SPL.”
The official wording is very clear: 1:1, total supply unchanged, ticker unchanged. What’s migrating is native SPL, not a wrapped token that came via a bridge. If the L1 is shut down as planned, the bridged setup won’t work anymore because the source chain will be gone. Exchanges need to confirm on their own—nothing will change before the list is published. How staking on Solana will be handled is also “still under exploration,” as written in the proposal.
If your holdings are on an exchange, first check what your exchange has announced, and don’t believe the “auto credited” rumors in group chats. If your tokens are self-custodied on-chain, wait for the official migration window and the Token Dashboard guidance—don’t move assets early to random fake contracts. Passing votes only unlocks the gate; it’s not a “funds received” text message.
$ZETA
With 99.4% voting in favor and a participation rate of 58%, ZetaChain’s proposal to migrate ZETA to Solana is collecting votes tonight around 22:58 Taipei time. The numbers look like a done deal—don’t rush to assume it has already been “swapped into SPL.”
The official wording is very clear: 1:1, total supply unchanged, ticker unchanged. What’s migrating is native SPL, not a wrapped token that came via a bridge. If the L1 is shut down as planned, the bridged setup won’t work anymore because the source chain will be gone. Exchanges need to confirm on their own—nothing will change before the list is published. How staking on Solana will be handled is also “still under exploration,” as written in the proposal.
If your holdings are on an exchange, first check what your exchange has announced, and don’t believe the “auto credited” rumors in group chats. If your tokens are self-custodied on-chain, wait for the official migration window and the Token Dashboard guidance—don’t move assets early to random fake contracts. Passing votes only unlocks the gate; it’s not a “funds received” text message.
$ZETA
