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GnosisDAO Approves Gnosis Chain's Transition to Ethereum Economic Zone Rollup

Created at 20 Aug · 9:11 AM1 source↑ Market-relevant
IN SHORT

GnosisDAO has approved Gnosis Chain's shift from a standalone layer-1 network to a ZK-proven Ethereum Economic Zone (EEZ) rollup. This transition aims to enhance interoperability and reduce reliance on bridges within the Ethereum ecosystem.

Key Numbers

123,158 GNOsupport for GIP-153
115votes against GIP-153
151abstaining votes on GIP-153
54voters in GnosisDAO poll
123,425 GNOturnout for GnosisDAO poll
75,000 GNOquorum for GnosisDAO poll
late 2026 or early 2027initial launch target
$27.82 billiontotal value secured by Ethereum rollups
$34.88 billiontotal value secured by Ethereum scaling networks

Who's Involved

GnosisDAO
Approved Gnosis Chain's transition to an Ethereum Economic Zone rollup
Gnosis Chain
Transitioning from L1 to L2 Ethereum Economic Zone rollup
Gnosis
Co-developer of the Ethereum Economic Zone (EEZ) framework
ZisK
Co-developer of the Ethereum Economic Zone (EEZ) framework
Ethereum Foundation
Funder of the Ethereum Economic Zone (EEZ) initiative
Vitalik Buterin
Ethereum co-founder who previously raised concerns about L2 network designs
Geoffrey Kendrick
Global Head of Digital Assets Research at Standard Chartered

↳ Why This Matters

This transition marks a significant step in Ethereum's scaling strategy, potentially unifying its fragmented layer-2 ecosystem and improving asset composability. It could reduce security risks associated with bridges and increase overall activity within the Ethereum network.

Key facts

  • GnosisDAO voted to transition Gnosis Chain from a layer-1 network to an Ethereum Economic Zone (EEZ) rollup.
  • The transition will enable Gnosis Chain to settle transactions directly on Ethereum, functioning as a layer-2 solution.
  • The EEZ framework aims to improve interoperability and reduce fragmentation across Ethereum's layer-2 ecosystem.
  • Gnosis Chain is slated to become the first production instance of the EEZ, with a target launch in late 2026 or early 2027.
  • This upgrade will allow Gnosis Chain smart contracts to access Ethereum mainnet assets and liquidity synchronously.

GnosisDAO has voted to approve the transition of Gnosis Chain from a standalone layer-1 network to a ZK-proven Ethereum Economic Zone (EEZ) rollup. The decision, passed with significant support from GNO token holders, signifies a major shift in Gnosis Chain's architecture, moving it towards greater integration with the Ethereum mainnet.

Under the approved proposal, Gnosis Chain's independent validator set will be retired, and the network will leverage Ethereum's validators for transaction settlement, effectively becoming a layer-2 solution. This move is intended to enhance the composability and usability of assets within the Ethereum ecosystem. The EEZ framework, co-developed by Gnosis and ZisK with funding from the Ethereum Foundation, aims to unify the fragmented layer-2 landscape by enabling synchronous execution of smart contracts across different rollups without relying on traditional bridges.

Gnosis Chain is slated to be the first production instance of this EEZ framework, with an initial launch targeted for late 2026 or early 2027, contingent on the readiness of the necessary EEZ technology. This upgrade promises to allow Gnosis Chain-native smart contracts to interact with Ethereum mainnet assets and liquidity within the same transaction, a capability that the proposal suggests is not currently available on existing L2s. This enhanced interoperability could lead to greater activity and efficiency within the broader Ethereum ecosystem.

Ethereum co-founder Vitalik Buterin has previously expressed concerns regarding the centralization and security of some L2 networks, particularly highlighting issues with sequencers and bridging mechanisms. The EEZ approach, by reducing the need for vulnerable bridges, could address some of these concerns. Geoffrey Kendrick, global head of digital assets research at Standard Chartered, noted that the EEZ's ability to reduce bridge reliance and increase asset usability could foster greater activity within Ethereum.

Frequently asked questions

An EEZ is a framework for building Ethereum-aligned rollups, developed by Gnosis and ZisK, designed to unify Ethereum's fragmented L2 ecosystem by enabling synchronous smart contract execution across different rollups without relying on bridges.

It means Gnosis Chain will transition from a standalone layer-1 network to a layer-2 solution that settles directly on Ethereum, retiring its independent validator set and leveraging Ethereum's security and liquidity.

The initial launch is targeted for late 2026 or early 2027, depending on the readiness of the necessary EEZ technology.

The EEZ could reduce reliance on vulnerable blockchain bridges, increase the usability of assets across EVM chains, and foster greater composability and activity within the Ethereum ecosystem.

What Happens Next

01Gnosis Chain aims for an initial launch as a production EEZ instance in late 2026 or early 2027.
02Development of the required EEZ technology is ongoing.
CME Headlines
  • Product Modification Summary: Add Offset Eligibility to Bitcoin Futures, Micro Bitcoin Futures, Ether Futures and Micro Ether Futures Contracts — Effective September 14, 2026
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  • Amendments to CME Rule 855. (“Offsetting Positions for Different-Sized Contracts”) – Contracts Eligible for Offset Table to Include Bitcoin Futures, Micro Bitcoin Futures, Ether Futures and Micro Ether Futures Contracts
    19 Aug · 7:45 PM

How It Developed

GnosisDAO approved Gnosis Chain's transition to an Ethereum Economic Zone (EEZ) rollup.
The proposal received strong support from GNO token holders, exceeding the quorum.
Gnosis Chain will retire its validator set and settle transactions directly on Ethereum as a layer-2 network.
The EEZ framework, developed by Gnosis and ZisK, aims to unify Ethereum's fragmented L2 ecosystem.
Gnosis Chain is targeted to be the first production EEZ instance, launching in late 2026 or early 2027.
This upgrade will allow Gnosis Chain smart contracts to interact with Ethereum mainnet assets and liquidity within the same transaction.
Standard Chartered noted EEZ could reduce reliance on vulnerable blockchain bridges and increase Ethereum ecosystem activity.

Sources

T1
GnosisDAO approves Gnosis Chain for Ethereum Economic ZoneGnosis Chain was approved to transition to an EEZ rollup, enabling it to settle directly to Ethereum rather than continue with an independent validator set.Cointelegraph

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