LayerZero: The third fee switch vote will be launched on December 20th.

According to Odaily Planet Daily, ZRO holders will participate in the third fee switch vote at 00:00 on December 20th. This vote, held every six months, aims to allow holders to decide whether to activate the protocol's fee switch. If the vote passes, the protocol fees will be used to buy back and burn ZRO.

The voting period is from 00:00 on December 20th to 00:00 on December 27th. A quorum of 40.59% of the circulating ZRO, or 230 million ZRO, is required to vote. For the quorum to be valid, more than 50% of the votes must be in favor. LayerZero Labs, LayerZero Foundation, and related parties will abstain.