Brief

MetaDAO proposal puts ZKFG redemption terms at center of Zinc dispute

A MetaDAO page titled “Take ZKFG private” says ZKFG holders would be able to redeem each token for 0.15 USDC for at least 365 days if liquidation proceeds, and that the LLC operator/member would be authorized to close Turbine Cash DAO LLC. The Zinc account posted on June 14, 2026 that a MetaDAO proposal called ZKFG-007 was proposed by the MetaDAO team and that Zinc is fighting it, while WhiteWhaleLabs publicly urged opposition through MetaDAO market actions. X News has framed the fight as a broader Zinc/ZKFG governance clash over a Solana project that allegedly pivoted into a fee-generating game, but the original raise, pivot history, Zinc revenue figures, IP claims, and reported 70% net-revenue counterproposal are not verified in the extracted evidence.

Solana · June 14, 2026

Sources & context

Evidence, open claims, and reader-facing editor notes.

Dek

A stalled privacy project that pivoted into a fee-generating game is now facing dueling token-holder proposals, making MetaDAO governance a live test of who owns upside when a funded Solana project changes direction.

Synthesis angle

Investigate whether MetaDAO’s governance process can resolve founder incentives, investor rights, IP control, and protocol revenue claims after a project pivots away from its funded mandate.

Source

Zinc Team Battles Buyout Proposal in Solana MetaDAO Governance Clash

Preferred source plan

MetaDAO proposal pages for the Zinc buyout and ZKFG-007 counter-proposal
ZKLSOL or ZKFG token treasury records and raise documentation from October 2025
Zinc Protocol official statements and game fee dashboard
Turbine Cash DAO LLC filings or governance documents if available
On-chain wallet and treasury transaction records for ZKFG and Zinc-linked accounts
Statements from MetaDAO governance participants named in the proposals

Reading the dossier...