【Crypto World】The December 25th deadline is getting closer, and the governance vote of a leading DEX is becoming the market focus. The significance of this proposal is indeed substantial — it involves destroying 100 million governance tokens and turning on the protocol fee switch. In simple terms, it links the token’s value directly to the protocol’s revenue, representing a rather aggressive economic restructuring.
From a technical perspective, after holding the $5.00 support line, the governance token is currently hovering around $5.60. This price fluctuation is not idle movement but is changing in anticipation of the vote. The market is betting: can this reform truly change the fundamental logic of the token? Will the price undergo a larger revaluation? Every price fluctuation behind it reflects investors re-evaluating the long-term impact of governance structure changes. Watching how this wave of volatility unfolds can reveal the market’s true attitude toward the reform.
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.
17 Likes
Reward
17
3
Repost
Share
Comment
0/400
AlphaLeaker
· 12-20 15:49
Burning coins + fee mechanism, this is serious. The 5-dollar defense line is held, but can the 5.6 level stay steady?
View OriginalReply0
StablecoinGuardian
· 12-20 15:49
100 million tokens burned + fee mechanism, it feels like this move is really going to change the game rules, but we'll have to wait and see the voting results on December 25th.
View OriginalReply0
RektRecorder
· 12-20 15:32
Burn 100 million tokens, is that all? It still depends on the voting results, otherwise it's just another round of rug pulling tactics.
Governance Voting Countdown: Can Token Burn and Fee Mechanisms Trigger Revaluation?
【Crypto World】The December 25th deadline is getting closer, and the governance vote of a leading DEX is becoming the market focus. The significance of this proposal is indeed substantial — it involves destroying 100 million governance tokens and turning on the protocol fee switch. In simple terms, it links the token’s value directly to the protocol’s revenue, representing a rather aggressive economic restructuring.
From a technical perspective, after holding the $5.00 support line, the governance token is currently hovering around $5.60. This price fluctuation is not idle movement but is changing in anticipation of the vote. The market is betting: can this reform truly change the fundamental logic of the token? Will the price undergo a larger revaluation? Every price fluctuation behind it reflects investors re-evaluating the long-term impact of governance structure changes. Watching how this wave of volatility unfolds can reveal the market’s true attitude toward the reform.