ZetaChain Opens Vote to Shut Down Layer 1 Around Dec. 9

A Layer 1 putting its own shutdown to a token-holder vote is a rare test of on-chain governance at the terminal end of a chain's life, and the outcome hinges less on the closure date than on how staked and unbonding tokens are valued in the claims process. Exchange-set conversion windows mean holders on centralized venues face terms they don't control, creating a divergence between on-chain and off-chain treatment worth watching. Whether the vote passes, and how locked-token claims are ultimately calculated, is the open question.