GnosisDAO votes to convert Gnosis Chain from L1 to Ethereum rollup
GnosisDAO voted on Aug 19 to turn Gnosis Chain from an independent L1 into a rollup that settles on Ethereum, with 123,158 GNO in favor and 115 against. The proposal's authors said Gnosis Chain failed to deliver on its credible neutrality value proposition because that is Ethereum's home turf.
Why “Rumor”
- Only community or trader posts: r/CryptoCurrency
0 independent source groups across 1 posts · evidence score 9/100. How labels work
Market around the story
| Asset | Price at first report | 6h before | 1h before | 1h after | 6h after | 1h move vs normal | 24h volume vs median |
|---|---|---|---|---|---|---|---|
| ETH | $2,731 | +2.1% | +0.65% | +0.17% | −2.1% | 0.3σ | 1.1× |
Returns are measured from the moment the story first appeared. “vs normal” compares the move with the asset's typical hourly move over the previous 30 days.
What the sources claim
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GnosisDAO voted on Aug 19 to turn Gnosis Chain from an independent L1 into a rollup that settles on Ethereum.
“GnosisDAO voted on Aug 19 to turn Gnosis Chain from an independent L1 into a rollup that settles on Ethereum.”
r/CryptoCurrency -
The vote result was 123,158 GNO for and 115 against.
“The result was 123,158 GNO for, 115 against”
r/CryptoCurrency -
The proposal's authors wrote that Gnosis Chain has failed to deliver on its original value proposition.
“Gnosis Chain has failed to deliver on its original value proposition”
r/CryptoCurrency -
The proposal's authors explained that credible neutrality is Ethereum's home turf. ETH
“Credible neutrality is Ethereum's home turf”
r/CryptoCurrency -
Fee revenue covered only a small fraction of the cost of securing the chain, so the DAO treasury was paying for security.
“Fee revenue covered only a small fraction of the cost of securing the chain, so the DAO treasury was paying for security.”
r/CryptoCurrency -
Gnosis Chain stops running its own validator set.
“Gnosis Chain stops running its own validator set.”
r/CryptoCurrency
Sources
Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-09-29 18:40 UTC. Labels are computed from the sources, not by the model.