Back to all news
Solana

ZetaChain's 55M ZETA Burn Isn't a One-Time Event: What Proposal 2 Really Does

NullTX·November 5, 2026·1 min read
ZetaChain's 55M ZETA Burn Isn't a One-Time Event: What Proposal 2 Really Does

ZetaChain's Governance Proposal 2 would halt its L1 around Dec 9, mint ZETA 1:1 on Solana, and burn about 55M ZETA in monthly installments. Voting closes Nov 7. Headlines call it a 55 million burn, but the proposal's schedule shows a different reality.

Read at NullTX
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store