LayerZero will hold a second referendum on protocol fees from June 20 to 27, 2025, to decide whether to open a charge for cross-chain messages and buy back and destroy ZRO, and the market will be concerned about whether it activates a deflationary mechanism. (Synopsis: Layerzero: Unclaimed tokens are about to be re-airdropped, $ZRO the conditions and rules for receiving them once) (Background supplement: Starknet, ZKsync, LayerZero.. After the airdrop feast, who has the biggest bubble in data analysis? Cross-chain protocol LayerZero's governance play is coming soon. The LayerZero Foundation announced that the second protocol fee switch referendum will start on June 20, 2025 and end on June 27, 2025, and the results of the vote will determine whether the protocol will charge for each cross-chain message and buy back and burn ZRO tokens. Referendum Prediction Tilts to "Open" The referendum has only two cases: "Yes" and "No". "Yes" stands for the activation of the agreement fee; "No" maintains the current zero fee structure. If "Yes" passes, LayerZero will charge the app and users per message, and then use the proceeds to buy back and destroy ZRO in the secondary market. This operation is intended to reduce circulation and increase scarcity. The community has previously shown high levels of support. As many as 96% of ZRO holders in the first round of intent surveys prefer to enable fee and burn mechanisms. Changes in the token economy brought about by the fee mechanism Once implemented, using LayerZero to deliver cross-chain messages will increase fixed costs, but buyback burns may form a positive cycle of derivative value. Tether recently adopted LayerZero's OFT framework in the USDT0 release. If the volume of stablecoins and other applications continues to rise, protocol fee income is expected to be amplified simultaneously, amplifying the deflationary effect of ZRO. In response to the initial referendum controversy, the Foundation set the legal approval threshold at 50.4% and explicitly limited voting rights to only 109 million ZROs in circulation. Holders must vote with all tokens at once on the same chain to avoid double counting. Officials also announced that the next relevant vote will be followed in six months, forming a fixed governance rhythm. As the deadline approaches, exchanges and secondary markets are waiting to see the results of the vote. If the agreement fee is opened, ZRO will officially enter the deflationary narrative; If rejected, the agreement will continue with zero fees to lower the threshold for use. Related reports Nuclear three restart referendum 8/23 vote: five TV debates will be held, the "Legislative Yuan" is the right side, the Executive Yuan is the opposite The US "GENIUS" stablecoin bill passed the vote, breaking through the final debate and vote in the Senate Ethereum Foundation refuses to disclose the "Vitalik voting weight", governance transparency is questioned by the community: fundamental centralization 〈LayerZero key governance referendum debuts: ZRO protocol fees can't be opened? This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".
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LayerZero Key Governance Vote: Will ZRO protocol costs be opened?
LayerZero will hold a second referendum on protocol fees from June 20 to 27, 2025, to decide whether to open a charge for cross-chain messages and buy back and destroy ZRO, and the market will be concerned about whether it activates a deflationary mechanism. (Synopsis: Layerzero: Unclaimed tokens are about to be re-airdropped, $ZRO the conditions and rules for receiving them once) (Background supplement: Starknet, ZKsync, LayerZero.. After the airdrop feast, who has the biggest bubble in data analysis? Cross-chain protocol LayerZero's governance play is coming soon. The LayerZero Foundation announced that the second protocol fee switch referendum will start on June 20, 2025 and end on June 27, 2025, and the results of the vote will determine whether the protocol will charge for each cross-chain message and buy back and burn ZRO tokens. Referendum Prediction Tilts to "Open" The referendum has only two cases: "Yes" and "No". "Yes" stands for the activation of the agreement fee; "No" maintains the current zero fee structure. If "Yes" passes, LayerZero will charge the app and users per message, and then use the proceeds to buy back and destroy ZRO in the secondary market. This operation is intended to reduce circulation and increase scarcity. The community has previously shown high levels of support. As many as 96% of ZRO holders in the first round of intent surveys prefer to enable fee and burn mechanisms. Changes in the token economy brought about by the fee mechanism Once implemented, using LayerZero to deliver cross-chain messages will increase fixed costs, but buyback burns may form a positive cycle of derivative value. Tether recently adopted LayerZero's OFT framework in the USDT0 release. If the volume of stablecoins and other applications continues to rise, protocol fee income is expected to be amplified simultaneously, amplifying the deflationary effect of ZRO. In response to the initial referendum controversy, the Foundation set the legal approval threshold at 50.4% and explicitly limited voting rights to only 109 million ZROs in circulation. Holders must vote with all tokens at once on the same chain to avoid double counting. Officials also announced that the next relevant vote will be followed in six months, forming a fixed governance rhythm. As the deadline approaches, exchanges and secondary markets are waiting to see the results of the vote. If the agreement fee is opened, ZRO will officially enter the deflationary narrative; If rejected, the agreement will continue with zero fees to lower the threshold for use. Related reports Nuclear three restart referendum 8/23 vote: five TV debates will be held, the "Legislative Yuan" is the right side, the Executive Yuan is the opposite The US "GENIUS" stablecoin bill passed the vote, breaking through the final debate and vote in the Senate Ethereum Foundation refuses to disclose the "Vitalik voting weight", governance transparency is questioned by the community: fundamental centralization 〈LayerZero key governance referendum debuts: ZRO protocol fees can't be opened? This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".