LayerZero: The third fee switch vote will be launched on December 20th.

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According to ME News, on December 18th (UTC+8), ZRO holders will participate in the third fee switch vote at 00:00 on December 20th. This vote, held every six months, aims to allow holders to decide whether to activate the protocol's fee switch. If the vote passes, the protocol fees will be used to buy back and burn ZRO. The voting window is from 00:00 on December 20th to 00:00 on December 27th. A quorum of 40.59% of the circulating ZRO, or 230 million ZRO, is required to vote. For the quorum to be valid, more than 50% of the votes must be in favor. LayerZero Labs, LayerZero Foundation, and related parties will abstain. (Source: ME)

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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