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. Summary 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. The final vote recorded 123,158 GNO in favor, 115 GNO against and 151 GNO abstaining across 54 voters, according to a Gnosis Chain announcement. Total participation reached 123,425 GNO, well above the required quorum of 75,000 GNO. The decision gives Gnosis developers a mandate to begin designing the change. It does not immediately convert the chain into a layer two network. The initial version is scheduled around the end of 2026 or beginning of 2027, subject to the required technology being ready. Gnos...