LayerZero Foundation

🗳️ Fee switch referendum #3 has concluded. Since quorum was not met, the LayerZero protocol fee will remain off. The next vote is in six months! Details ↓ layerzero.foundation/fee-switch

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🗳️ Fee-Switch Referendum #3 Now Live Vote with ZRO from any chain: • “Yes” to activate the LayerZero protocol fee • “No” to keep the protocol fee inactive Voting concludes December 27th. 🔗 layerzero.foundation

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For more information on quorum and voting eligibility, here is the official blog for Fee Switch Referendum #3: info.layerzero.foundation/fee-switch-ref…

Fee Switch Referendum #3 On Dec. 20, ZRO holders will vote: • “Yes” to activate the LayerZero protocol fee • “No” to keep the protocol fee inactive Once activated, collected fees from each message will be converted to ZRO and burned.

🗳️ The fee switch referendum has concluded. Since quorum was not met, the LayerZero protocol fee will remain off. The next fee switch referendum is in six months! Vote details ↓ layerzero.foundation/fee-switch

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🗳️ Fee-Switch Referendum #2 Is Live! Vote now with your ZRO from any chain: • “Yes” to activate the LayerZero protocol fee • “No” to keep the protocol fee inactive Voting closes on June 27th. 🔗 layerzero.foundation Details ↓

All official voting will occur here: layerzero.foundation This is the last post in thread.

🗳️ Fee Switch Referendum #2 On June 20, 2025 ZRO holders will vote: • “Yes” to activate the LayerZero protocol fee • “No” to keep the protocol fee inactive If activated, a protocol fee will be imposed on every LayerZero message. Collected protocol fees would be used to buy and burn ZRO. Quorum has been reduced in response to the first referendum's overwhelming support in favor of "Yes." Voting Details: - Only circulating ZRO (109M tokens) is eligible to vote. - Quorum is 50.40%. From there, majority wins. - Vote with your entire ZRO balance from one chain. - Voting ends June 27, 2025. Next referendum in 6 months. More Information info.layerzero.foundation/fee-switch-ref…

🗳️ The fee switch referendum has concluded! Since quorum was not reached, the LayerZero protocol fee will remain off. The next fee switch referendum is in six months. Vote details ↓ layerzero.foundation/fee-switch

🗳️ The Fee-Switch Referendum Is Live! Vote now with your ZRO from any chain: • “Yes” to activate the LayerZero protocol fee • “No” to keep the protocol fee inactive Voting begins today and closes on December 27. 🔗 layerzero.foundation Details ↓

All official voting will occur here: layerzero.foundation If you have questions, join the LayerZero Discord: discord.gg/lz-referendum This is the last tweet in thread.

🗳️ Fee Switch Referendum On Dec 20, 2024, 00:00 UTC, ZRO holders will vote: • “Yes” to activate the LayerZero protocol fee • “No” to keep the protocol fee inactive Voting ends Dec 27, 2024, 00:00 UTC. TL;DR - Only circulating ZRO is eligible to vote. - Quorum is 60%. From there, majority wins. - Vote with your entire ZRO balance from one chain. - Collected protocol fees would be used to buy and burn ZRO. Full Details: medium.com/layerzero-foun…

Note: Reallocation was based on LayerZero Core eligibility. RFP wallets were not included in this re-claim.

The ZRO claim period has ended. Any unclaimed tokens are being reallocated to wallets that claimed before 9 AM PT today. Eligibility for reallocation: - Ineligible: Wallets that claimed ZRO but had no transactions after the Token Generation Event (TGE) will not receive any more tokens. Additionally, wallets identified as Sybil in either the 1st or 2nd round of reviews are also ineligible. - Eligible: Wallets that claimed ZRO and used LayerZero at least once post-TGE are eligible for additional tokens. The allocation for eligible wallets works like this: - Eligible wallets will receive a pro-rata share of ZRO based on their original claim from the TGE. - Tokens that would have gone to wallets with zero transactions post-TGE (i.e., ineligible wallets) will be reallocated to eligible wallets based on the amount of gas each user has spent since the TGE. - This means each eligible user will receive their original pro-rata share, plus an additional pro-rata share (based on gas fees paid) from the tokens originally intended for ineligible wallets. - Make sure to claim your additional tokens from the same chain as you did the first time. Aptos users should claim from their EVM wallet. If you are eligible, you can claim your additional tokens by donating to Protocol Guild here: layerzero.foundation/claim For previously unreviewed bounty hunter reports and other updates, check Commonwealth: commonwealth.im/layerzero/disc… Any tokens not claimed in the next 30 days will go to the LayerZero Foundation.