2025-12-25 20:21:04

The governance vote for a leading decentralized exchange has officially concluded.

In this round of voting, over 125 million votes supported the proposal. After approximately two days of voting lock-up, the next critical step is about to begin—100 million governance tokens will be burned, and the fee switch mechanism will be activated. Meanwhile, the official laboratory announced that the front-end fee module will be shut down, shifting focus to protocol layer optimization and upgrades.

This vote reflects the consensus within the DEX community on the long-term development direction. The token burn is expected to impact the token economic model, while the adjustment of the fee mechanism involves future revenue distribution structures. For ecosystem participants and traders, these changes could redefine the exchange's competitiveness in the market.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
8
Repost
Share

Comment

0/400

ZKProofster

· 2025-12-26 20:08

burning 100m tokens lmao... technically speaking, that's just inflation theater if the actual fee mechanism doesn't create real scarcity pressure. protocol layer optimization sounds nice tho, at least they're not pretending the frontend matters

Reply0

BakedCatFanboy