A crypto network just voted to abandon its standalone blockchain and unlock 27% of its token supply
CryptoSlate · Published Aug 20, 2026, 4:32 AM EDT
Article Summary
GnosisDAO has approved a plan to retire Gnosis Chain's standalone Layer 1, a shift that will unlock roughly 350,000 staked GNO. Under GIP-153, Gnosis Chain will become a zero-knowledge-proven Ethereum Economic Zone rollup that settles directly to Ethereum every block.
This article appears to be broader market context rather than a single-asset story.
What Happened
GnosisDAO has approved a plan to retire Gnosis Chain's standalone Layer 1, a shift that will unlock roughly 350,000 staked GNO. Under GIP-153, Gnosis Chain will become a zero-knowledge-proven Ethereum Economic Zone rollup that settles directly to Ethereum every block.
Why It Matters
It may matter as broader market context rather than a single-asset catalyst. CoqiLabs groups this article under Ethereum to help readers understand the related market theme.
Market Context
Published by CryptoSlate. Category: Ethereum. Published Aug 20, 2026, 4:32 AM EDT.
This article appears to be broader market context rather than a single-asset story.
Sentiment Read
Market tone for this article appears positive. This article is shown for market context only and is not financial advice.
Original Publisher
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