Treasure DAO members are expected to vote soon on a proposal that would allow the migration of the Web3 gaming ecosystem. decision Ab
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According to a statement released on Thursday, ZKsync Voting begins on September 17th.
““This proposal … outlines plans to launch the Treasure chain as an L2 leveraging ZKsync’s ZK Stack technology instead of the previously planned Arbitrum Orbit,” the statement said. “If approved, Treasure plans to launch mainnet on ZKsync by mid-November.”
Once approved, Treasure’s testnet will move to: Arbitrum said in a statement that it will launch a new testnet on the ZK Stack before the mainnet launch. “In general, the team has decided not to participate in governance votes from a voting perspective and has left it up to the community,” the Treasure Core Developer Team told The Block.
““This proposal follows extensive internal deliberation and careful consideration of Treasure’s long-term objectives,” the statement said, adding that key contributors “recognise the complexity of this decision given our longstanding relationship with Arbitrum.”
Supporters of this proposal argue that ZKsync is more “suitable” for achieving Treasure DAO’s goals in decentralized gaming.
Treasure Co-Founder “As we evolved our own L2 solution, it became clear that ZKsync’s technology stack aligned more closely with our mission of building a decentralized gaming ecosystem that can scale to mass adoption,” said Karel Vuong.
In March, Voung supported the “Gaming Catalyst Program,” which asked Arbitrum DAO to allocate 200 million ARB tokens over two years to incentivize building games on the blockchain. A few months later, Arbitrum DAO approved the proposal to allocate 225 million ARB (currently worth about $117 million), which is significantly less than the amount the proposal was initially announced in March.
Holders of Treasure’s native token, MAGIC, will be tasked with deciding on the migration proposal. The Treasure gaming console will feature more than 10 games, the statement said.
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