GnosisDAO approves Gnosis Chain for Ethereum Economic Zone

GnosisDAO approved Gnosis Chain’s transition from a standalone layer-1 network to a ZK-proven Ethereum Economic Zone (EEZ) rollup.GIP-153 received 123,158 GNO in support, 115 against and 151 abstaining across 54 voters, Gnosis Chain said in an X post. Turnout reached 123,425 GNO, exceeding the 75,000 quorum.Under the proposal, Gnosis Chain’s validator set would be retired and the network would settle transactions on Ethereum, making Gnosis Chain a layer-2 (L2) that relies on Ethereum’s validators for settlement. An initial launch is targeted for late 2026 or early 2027, subject to the required EEZ technology being ready.The update would enable Gnosis Chain-native smart contracts to call Ethereum and use the result in the same transaction, giving it access to Ethereum mainnet assets and liquidity in an environment “optimized” for consumers, a capability the proposal says is not currently available on existing L2s.Gnosis Chain to become first production EEZ instanceThe EEZ is a framework for building Ethereum-aligned rollups, developed by Gnosis and ZisK, with funding from the Ethereum Foundation.The initiative aims to unify Ethereum’s fragmented L2 ecosystem by enabling smart contra...