LayerZero Plans Vote on New Protocol Fees for ZRO Tokens

Upcoming vote on LayerZero fees: LayerZero will decide on imposing fees for message transfers, including a total of 0.02 USD for interactions between Arbitrum and Optimism. Revenue will fund ZRO token buybacks and burns, enhancing scarcity.

Voting participation requirements: To validate the voting, at least 60% of circulating token supply or 65,968,349.4 ZRO must participate. This initiative aims to boost token value through community engagement in governance.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts