Gnosis

GnosisDAO voted on 27 August 2026 to fund Gnosis Ltd with $15 million a year, and on 12 August to spin out the Gnosis App as an independent company. The team's own proposal, GIP-153, says Gnosis Chain has failed to deliver on its original value proposition and plans to rebuild it as a rollup settling on Ethereum, with first genesis targeted around the turn of 2026/27. The direction is clear, but the technical specification is still being written.

• Snapshot: GIP-154: Should GnosisDAO fund Gnosis Ltd with 15m/ year?
• Snapshot: GIP 152 - Should GnosisDAO spin out the Gnosis App into an independent company?
• GIP-153: Should Gnosis Chain transition into the Ethereum Economic Zone? (Gnosis forum)

Of the 3,000,000 GNO supply, only 1,364,058 were counted as held outside GnosisDAO and Gnosis Ltd in June 2026, so insiders hold about 55%. Decisive votes are cast by few addresses: GIP-153 passed with 54 votes. Holders backed a one-time redemption of GNO for a share of the treasury in June 2026, after rejecting an open-ended version in May. No exchange-traded product holding GNO was found, and GNO is not on Kazakhstan's April 2026 authorised list.

• GIP-151: Should GnosisDAO offer a one-time pro-rata treasury redemption? (Gnosis forum)
• Snapshot: GIP-153: Should Gnosis Chain transition into the Ethereum Economic Zone?
• Snapshot: GIP-151: Should GnosisDAO offer a one-time pro-rata treasury redemption?
• List of authorized unsecured digital assets (National Bank of Kazakhstan)

GNO's total supply is 3,000,000 after GnosisDAO burned 3.15 million GNO in January 2025, bringing total burns close to 4 million. Holders who redeemed under GIP-151 received a share of the treasury's ETH, bitcoin, stablecoins and holdings in Safe, CoW and HOPR, and redeemed GNO is removed from circulation. Treasury-funded staking rewards dilute non-stakers by roughly 2.3% a year, a subsidy GIP-153 plans to end.

• GnosisDAO Executes Major Treasury Operations: 3.15M GNO Burn Marks Significant Milestone
• GIP-151: Should GnosisDAO offer a one-time pro-rata treasury redemption? (Gnosis forum)
• GIP-153: Should Gnosis Chain transition into the Ethereum Economic Zone? (Gnosis forum)

Gnosis Chain had roughly 52,000 active validators and about 295,000 GNO staked in mid-2026, a broad validator set. But by the team's own account fee revenue covers only a small fraction of the cost of security, which the treasury pays instead, and the chain lacks the usage to close its economics. On 1 October 2026 Binance's GNO/USDT spot pair traded only about $350,193 in 24 hours.

• GnosisDAO Community Summary ~ July 2026
• GIP-153: Should Gnosis Chain transition into the Ethereum Economic Zone? (Gnosis forum)
• Binance API: GNOUSDT spot 24h ticker