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GnosisDAO approves Gnosis Chain's move to Ethereum L2 GnosisDAO approved GIP 153 on Aug. 19, authorizing Gnosis Chain to transition from a standalone layer one network into a ZK proven Ethereum Economic Zone rollup. 123,158 GNO supported GIP 153, approving Gnosis Chain's transition from layer one into an Ethereum rollup.
123,425 GNO participated, clearing the proposal's required quorum of 75,000 GNO by nearly 65% overall.
Gnosis Chain will retire its validator set and use Ethereum for settlement and economic security.
The initial EEZ deployment targets late 2026 or early 2027, depending on technology readiness.
Existing applications, account balances, contract addresses and the chain identifier
are expected to remain unchanged.#BTCBreaks71000Up10.5% #ETHSurges20%BreaksThrough2300 #BTCETHReboundTradeIdeas #USTreasuryBuybacksAndRegulatorySignalsDriveCryptoSurge #StrategySurgesNearly12% $GNO