2025-12-26 02:20:37

On December 26, news broke that a proposal to toggle the protocol fees of a leading DEX was approved by an overwhelming majority. The governance vote results were quite decisive—approximately 125 million votes in favor and only 742 against. This overwhelming support reflects the community's strong endorsement of the plan.

The lock-up period is set for 2 days, after which the team will burn 100 million protocol tokens. More importantly, the fee toggle mechanism will then be officially launched in the v2 and v3 versions on the Ethereum mainnet. This means the platform will begin burning tokens and handling fee revenue on the related ecosystem chain according to the new rules.

The approval of this proposal marks a significant shift in the DEX's fee governance. Investors and ecosystem participants generally view this move positively for the protocol's long-term development.

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CommunitySlacker

· 13h ago

Only 742 votes against? This is truly the community's consensus, no room for debate.

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LiquidationTherapist

· 13h ago

125 million vs 742, this gap is just too outrageous. How can the underlying consensus on this matter be so high? Will burning 100 million tokens lead to a price surge? Need to observe and see. The fee mechanism has been activated, finally some real gains, not just empty talk. The passing rate of this vote is shocking, it feels like the entire community has taken one side. Waiting to see if there's a price rally or continued decline; anyway, burning is ultimately a positive.

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ResearchChadButBroke

· 13h ago

1.25 million approval votes against 742 votes, the gap is huge, just like playing mahjong—unanimous approval. Destroying 100 million tokens sounds great, but does it really help the token price? After the fee switch is activated, will the transaction fees increase again? Does anyone know? The results of this vote are so consistent that it's a bit suspicious—probably all big players voting, right? It's both destruction and governance; DEXs are now learning to play with concepts. A 2-day lock-up period is too short; it feels like they rushed to launch. Waiting to see if v3 will get stuck; Ethereum is incredibly expensive.

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CoinBasedThinking

· 13h ago

125 million versus 742? The gap is indeed huge, does no one in the entire community oppose it? Burning 100 million tokens is quite a move; let's see if it can really boost the price. The fee switch has been activated, and both v2 and v3 are launched simultaneously. This is the proper governance decision. When I saw this proposal yesterday, I thought someone would oppose it, but it only received 742 votes against, which is outrageous. DEX is finally taking fees seriously, but whether burning tokens can truly benefit the price depends on how it is executed later. This voting result is too consistent, which is a bit scary—aren't there any different opinions? Burning 100 million tokens sounds like a significant scale, but what fraction is that of the current token supply? Waiting to see if they really take action during the burn two days from now; I've seen too many plans on paper.

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CascadingDipBuyer

· 13h ago

It's the old trick of token burning again. Can it pump the price? This is... 125 million votes versus 742 votes. Isn't this data a bit too outrageous? Directly launching v2 and v3, are you really ready? Let's wait and see what happens in two days. Feels like it might drop. This time, the bet seems pretty big.

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