The LayerZero Foundation fee toggle vote was a failure again. This is the third round of the referendum, and the result was that the voting turnout did not meet the quorum threshold, leading to an outright failure. This means that the LayerZero protocol's fee toggle will remain closed for now, with no fee plans in place.
The official timeline has been provided — the next related vote will be in six months. It seems that the community still has disagreements over whether to enable fees, or perhaps the participants in governance voting are not yet sufficiently active. This also reflects a common challenge faced by many DeFi projects when implementing fee models: how to balance sustainable protocol revenue with community support.
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CoinBasedThinking
· 14h ago
Is it still the third round with insufficient quorum? The community engagement is also incredible; it's really lazy governance.
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just_another_wallet
· 12-27 06:20
No luck again, three rounds and still can't get it out. It's a bit outrageous.
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rugdoc.eth
· 12-27 06:19
No quorum again, the voter turnout is really dragging down the process.
Three rounds and still not resolved, it feels like the community just doesn't care.
Wait six months? We'll have to vote again then, cycling like this.
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quietly_staking
· 12-27 05:59
The quorum for voting was not reached again, it seems the community really doesn't care about this matter.
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Vote again in six months? By then, I might have sold my LZ haha.
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To put it simply, everyone doesn't want to pay fees, and no one particularly wants to push forward. It's an awkward deadlock.
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Sustainable income is a false proposition. Without users, who needs your sustainability?
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After three failed voting rounds, LayerZero community engagement is indeed concerning.
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GhostAddressMiner
· 12-27 05:56
The third time without reaching the minimum quorum, the on-chain footprint behind it is interesting—large account addresses are generally silent, but suspicious fund flows there are unusually active, implying what?
The LayerZero Foundation fee toggle vote was a failure again. This is the third round of the referendum, and the result was that the voting turnout did not meet the quorum threshold, leading to an outright failure. This means that the LayerZero protocol's fee toggle will remain closed for now, with no fee plans in place.
The official timeline has been provided — the next related vote will be in six months. It seems that the community still has disagreements over whether to enable fees, or perhaps the participants in governance voting are not yet sufficiently active. This also reflects a common challenge faced by many DeFi projects when implementing fee models: how to balance sustainable protocol revenue with community support.