CandleFocus Vote to Decide the Fate of Binance-Listed Altcoin Coming Soon
2024-12-10
Author: Content Editor
LayerZero (ZRO) has announced a public vote on December 19 for ZRO token holders to decide on the activation of a fee switch mechanism. If enabled, the fee switch will allow LayerZero to collect fees for verifying and executing cross-chain messages. The fees collected will be burned on the native chain, potentially reducing the circulating supply of ZRO tokens and increasing their value.
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