@fourseas
LayerZero Fee-Switch Referendum #3 Now Live!
The Fee-Switch Referendum is a recurring on-chain vote held every six months, giving ZRO holders the power to shape the future of the protocol.
This vote will decide whether
@LayerZero_Core
should start charging a protocol fee for each message sent.
If the fee switch is activated, what happens? All collected fees will be used to buy back and burn ZRO. This reduces the circulating supply and could potentially increase its value over time.
✅ Vote here: https://layerzero.foundation/fee-switch
Voting concludes December 27th.