Proposal to 'Transition Gnosis Chain to Ethereum L2' Nears Completion, Current Approval Rate at 99.78%

PANews
PANews|Aug 19, 2026 01:17
The GnosisDAO vote on the proposal to 'Transition Gnosis Chain from an independent Layer 1 to a ZK-proof-based Ethereum economic zone Rollup instance' will conclude in 12 hours. The current approval rate stands at 99.78%, with quorum already reached. The proposal states that after the transition, Gnosis Chain will inherit Ethereum's security and liquidity, achieve synchronous composability with the mainnet, and the validator set will be phased out. Approximately 350,000 GNO tokens (27% of circulating supply) will be unlocked. The first version is targeted for launch by late 2026 or early 2027.
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