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

ZRO holders can participate in the third fee switch vote starting from December 20 at 00:00. This vote occurs every six months and 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 December 20 at 00:00 to December 27 at 00:00. The quorum requirement for voting is 40.59% of circulating ZRO, which means 230 million ZRO are eligible to vote. If the quorum is met, more than 50% of the votes in favor are required for it to take effect. LayerZero Labs, LayerZero Foundation, and related parties will abstain.