layerzero

📢 VOTING IS LIVE
🗳️ I voted "Yes" 
I have been waiting for this day for about a year. 

LayerZero Fee Switch Referendum 🗳️
Don't want to make 10 threads about this, will be as clear as possible. ☺️
Oh yeah, I will be voting "YES". 

 TLDR 👀
🗳️ Voting begins Dec 20, 2024, 00:00 UTC
🏁 Voting ends Dec 27, 2024, 00:00 UTC

🔗 VOTE LINK layerzero.foundation/fee-switch

You must be a $ZRO token owner to vote.
🤍 "Yes" to activate the #LayerZero protocol fee
🤍 "No" to keep the protocol fee inactive.

😍 This fee represents the combined cost to the DVN and Executor of verifying and executing #LayerZero messages. Once collected, protocol fees will be used to buy back and burn $ZRO, effectively shrinking its circulating supply and adding deflationary pressure.

TLDR 2 
Only circulating $ZRO can vote.
🤍 Quorum is 60%. From there, majority wins.
🤍 Vote with the entire $ZRO balance of a chain.
Collected protocol fees would be used to buy and burn $ZRO.