Remove the five EVM precompiles that expose Cosmos SDK modules to EVM contracts: staking (0x...0800), distribution (0x...0801), bank (0x...0804), governance (0x...0805) and slashing (0x...0806). Keep p256 (0x...0100) and bech32 (0x...0400).
Proposal 68 approved migrating ZETA to Solana and winding down the ZetaChain L1. These precompiles let EVM contracts move and lock staked ZETA from inside contract code, which makes them the most complex path into staking and bank state. Turning them off for the rest of the chain's life reduces the attack surface during the wind-down and keeps staking state stable ahead of the migration snapshot.
This message replaces the x/vm parameters with the values on mainnet at height 19,788,279, changing only active_static_precompiles. From execution, any EVM call to the five addresses above reverts. EVM contracts and wallets can no longer delegate, undelegate, redelegate, withdraw rewards, vote, deposit, unjail or query bank balances through them.
This is reversible by a later parameter update. There is no plan to re-enable them before shutdown.
This is submitted as an expedited proposal: a 24-hour voting period, 40% quorum, more than 55% Yes to pass, and a 1,500 ZETA deposit. If it does not reach the expedited threshold, it converts to a standard proposal with a 72-hour voting period.