LayerZero community vote did not reach the quorum; the fee mechanism will be proposed again after 6 months.

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【BitPush】LayerZero community’s recent vote ended in failure. The original plan was to decide whether to activate the protocol fee mechanism—charging no more than the verification and execution costs for each LayerZero message. The issue was that the number of community members participating in the vote did not meet the quorum requirement, so the proposal ultimately failed.

According to the plan, the next vote will be held in 6 months. This gives the community ample time to re-discuss and evaluate the proposal. If the fee mechanism is finally activated, all collected fees will be automatically converted into ZRO tokens and then burned directly. This mechanism is designed to enhance the scarcity of ZRO, which could be beneficial for long-term holders.

ZRO0,96%
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LiquidityWitchvip
· 20h ago
ngl the quorum miss is lowkey the most layerzero thing ever... 6 months till round two? that's a lot of time to brew some real alpha on this tokenomics transmutation ritual they're cooking up
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BlockBargainHuntervip
· 20h ago
The quorum was not met, this voting really sucks, it seems the community doesn't really care either. Vote again in half a year, forget it, I'll just accumulate some ZRO first, the burn mechanism is definitely beneficial for us long-term holders. This failure is actually a good thing, it gives everyone more room for thought, don't rush to implement the fee mechanism. With such low participation in the voting, LayerZero needs to reflect on community governance. Wait, burning ZRO to increase scarcity? I've seen this trick before, let's see how many people buy into it in the end. The fee mechanism will be implemented sooner or later, just a matter of time, anyway I won't sell.
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orphaned_blockvip
· 20h ago
Not enough people to meet the quorum, how's the community enthusiasm? Let's wait another six months; this pace is painfully slow. Destroying ZRO sounds good, but I'm worried it might get shelved again. The failed vote might actually be a good thing, at least it didn't rush to cut. Six months is enough to revise the plan; let's see how they adjust afterward.
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MEVHunterWangvip
· 20h ago
Insufficient legal quorum is indeed awkward; this is the cost of decentralization. Try again in 6 months, and we'll see if we can gather enough people by then... The destruction mechanism sounds good, but ultimately it depends on how the transaction fee is set.
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