LayerZero $ZRO Holders... Cast Your First On-Chain Vote! 🔥

LayerZero has launched its first Fee Switch Referendum! This vote will decide whether LayerZero begins charging a protocol fee for each message.

The referendum is an on-chain vote held every six months, empowering ZRO holders to decide the protocol’s future.

What happens if the fee switch is activated? Collected fees will be used to buy back and burn ZRO, reducing the circulating supply and potentially increasing its value over time.

✅ Cast your vote here: https://layerzero.foundation/fee-switch

Voting deadline: Dec 27, 2024

Your voting power is based on the total ZRO tokens you hold across all supported chains. You only need to vote on one chain, as LayerZero will automatically count your holdings across all chains.

For full details, check out this article: Link

While not officially confirmed, participating in this proposal might improve your chances for the upcoming LayerZero 2nd airdrop. Make sure to have your say!