GnosisDAO Proposal to Transition Gnosis Chain to Ethereum L2 Nears Approval with 99.78% Support
AI Market Summary
GnosisDAO's proposal to migrate Gnosis Chain from an independent L1 to a ZKproof-based Ethereum rollup has near-unanimous support and already reached quorum, signaling a strategic alignment with Ethereum security and liquidity. The plan would retire the current validator set and unlock ~350,000 GNO tokens (~27% of circulating supply), introducing future supply and governance dynamics. Timeline risk remains long, with v1 targeted for end-2026/early-2027.
Impact level
● Medium
Affected assets
ETH/USDT+0.99%
AI Insight · ETH/USDTAI Insight
● Neutral
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According to Odaily Planet Daily, GnosisDAO is on the verge of approving a landmark proposal to transition Gnosis Chain from an independent Layer 1 blockchain to a ZK-proof-based Ethereum Economic Zone rollup. As of the current reporting period, the vote shows overwhelming support at 99.78%, with the quorum requirement already satisfied and the voting window scheduled to close within 12 hours. The strategic shift aims to leverage Ethereum's robust security and liquidity while achieving synchronized composability with the mainnet. Key implications of the transition include the phasing out of the existing validator set and the unlocking of approximately 350,000 GNO tokens, representing 27% of the circulating supply. The initial release of the new architecture is targeted for late 2026 or early 2027.
