DeGods and y00ts Announced Plans to Leave Solana

DeGods and y00ts, two prominent non-fungible-token collections built on Solana, announced on December 25, 2022 that they planned to move to different blockchain networks. DeGods said it would bridge to Ethereum, while y00ts said it would bridge to Polygon. The projects also said their shared DUST ecosystem token would be bridged to both destination networks.

The December 25 announcements mattered because they turned competition among blockchains into a visible contest for established communities, not just new applications. Solana had developed a distinct NFT market around lower transaction costs and fast settlement. A project choosing another chain after building its audience on Solana suggested that creators were also weighing liquidity, distribution, commercial partnerships and ecosystem reach.

The decision was consequential, but its status on December 25 must be kept narrow: this was a migration plan, not a completed transfer. The collections remained on Solana, and the announcement targeted the first quarter of 2023. No final bridge design, audited code, holder instructions or completion date was available in the event-day record reviewed for this reconstruction.

Two collections, two destinations

The split destinations reflected different strategic propositions. Ethereum was the principal venue for many high-value NFT collections, so moving DeGods there would place it in the market where the sector’s best-known collections and much of its liquidity were concentrated. Polygon, an Ethereum scaling network, had been assembling consumer-brand relationships and offered y00ts a different route toward partnerships and lower-cost activity.

Contemporaneous reporting characterized DeGods and y00ts as leading projects in Solana’s NFT sector. That description establishes their institutional significance within the ecosystem without proving that they represented every marketplace, user or measure of Solana NFT activity.

The move also showed that an NFT community was not technically identical to the chain on which its tokens were first issued. Branding, social membership and project governance could aspire to cross networks, but the tokens themselves required a migration mechanism. Moving them introduced decisions about whether an asset would be locked, burned or reissued, how duplicate ownership would be prevented, and what rights would remain with tokens that did not move.

Announcement risk was implementation risk

On December 25, those mechanics were unresolved. “Bridge” was a direction of travel, not enough information to evaluate security. Cross-chain systems add contracts, message verification and operational dependencies beyond those of a collection living on one chain. Until the projects published code and procedures, holders could not independently determine the exact trust model or failure modes.

The planned move was therefore neither an automatic defeat for Solana nor proof that Ethereum or Polygon had already gained the collections’ activity. Holders still needed a functioning migration path, and project marketplaces, royalties, staking features and DUST utility needed to operate across the new environments. Execution, participation and security remained open questions.

Nor did the announcements establish why Solana’s SOL token moved during any particular interval. Crypto assets trade continuously across venues, and the reviewed event-day sources do not supply a consistent exchange, currency pair and observation window for a causal market calculation. Claims that the announcements caused a specific SOL return would therefore outrun the evidence.

What December 25 established

The verified development was strategic: the team behind two major Solana-native NFT collections publicly chose a multichain future, assigning DeGods to Ethereum and y00ts to Polygon and planning to extend DUST to both. That was a notable vote about where the team expected to find its next phase of growth.

Everything beyond that—technical architecture, holder uptake, grant terms, launch timing and the migrations’ eventual success—remained prospective on December 25, 2022.