Hi @everyone!
The release of ZenIP 42406: Strategic Technical Plan for the Migration of $ZEN and EON 
We’re thrilled to announce the release of ZenIP 42406, detailing the strategic technical plan for migrating $ZEN and #HorizenEON to a new and more advanced blockchain architecture.
This proposal seeks community approval for a migration designed to:
Boost overall network performance
Integrate cutting-edge zk proof systems
Enhance the utility of $ZEN
Key Points include:
Horizen ($ZEN) and HorizenEON on a single new EVM-compatible blockchain
Position future Horizen to specifically support and power zk apps
Existing smart contracts on EON will be transitioned over including $ZEN in current liquidity pools
Snapshot-based migration
Advanced and seamless zkVerify integration
Important Notes:
ZenIP 42406 focuses on the technical roadmap
The max supply of 21M $ZEN remains unchanged
This migration is designed to become a pivotal step in Horizen’s evolution, aligning with Horizen’s long-term vision of becoming a home for ZK and ensuring desirable utility for $ZEN.
The voting will start on 6/18. Your participation is crucial for our journey forward! Read the full proposal and join the discussion on Discourse! 