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Zinc and MetaDAO negotiate over proposal to take ZKFG token private on Solana
Jun 15, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan
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Zinc, one of Solana's top revenue-generating DeFi protocols, is in a governance dispute with MetaDAO over a proposal that would let Zinc holders and its founder buy out ZKFG token holders at $0.15 and take the associated Turbine Cash DAO LLC private. The contested buyout and privatization raise governance and security risks for token holders, could pressure ZKFG token price, and highlight DAO ownership, fundraising and centralization tensions in Solana crypto and DeFi ecosystems.
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Zinc, one of Solana’s top revenue-generating protocols, is currently in the middle of a governance dispute with MetaDAO over a proposal that would allow Zinc holders and its founder to buy out ZKFG token holders at $0.15. The governance proposal will also see that the associated Turbine Cash DAO LLC is taken private. Both sides...
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$ 77.96
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In This News
Coins
$ 77.96
-0.05%$ 0.0283
+2.37%Predictions Markets
See what traders are focused on
Share: