A governance vote for a major DEX has concluded— the fee toggle proposal has been officially approved. According to the plan, once the two-day lock-up period ends, the fee mechanisms for v2 and v3 will be activated on-chain, triggering a wave of token burns.



The most exciting part is coming: 100 million tokens from the Foundation's treasury will be burned, representing a real deflationary move. At the same time, the protocol has introduced a fee discount auction system, with the core goal of increasing the收益 for liquidity providers.

This combination is quite interesting—reducing market circulation through token burns while optimizing LP收益 through fee discounts. From a governance perspective, this reflects the DeFi ecosystem's ongoing exploration of incentive mechanisms. Whether this方案 can effectively attract more liquidity will be answered by the market soon.
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.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
BearMarketHustlervip
· 9h ago
100 million tokens burned, can this wave really pack a punch? --- Wait, isn't the discount auction system just another new trick to cut LP? --- Deflation + fee optimization, looks good on paper, but it all depends on whether trading volume can support it. --- The foundation itself invested 100 million, showing real determination, much better than projects that only talk about deflation. --- Two-day lock-up period? Forget it, they're just going to start pushing for higher prices again. I'll wait and see. --- What they call optimized incentives is really just about pulling liquidity, old tricks. --- The key is how much real trading volume v3 can generate; burning is just a cover-up. --- Fee discount auctions... sounds a bit complicated. Could it be another user-unfriendly design? --- 100 million tokens, if it were me, I would have sold early. --- Heard so much about deflation, but the key is the subsequent ecosystem development; burning alone can't bring it back.
View OriginalReply0
CryptoComedianvip
· 9h ago
100 million tokens burned? I just want to know if this is a "charitable" move after the price has gone up, with a bittersweet feeling --- Fee discount auction, in simple terms, is still about selling sentiment. Will LPs really buy into it? --- Deflation + incentives, sounds great, but I'm afraid the big players will end up eating the meat while retail investors drink the soup --- Two-day lock-up period, during which I don't know how many people are gambling on the token price. Anyway, I'm just watching the show --- The foundation's reserve of 100 million tokens to be burned, I bet this will become the next excuse to cut the leeks --- With this combo punch, can LPs' returns really go up, or is it just another pie in the sky? --- Today's leek diary: watching others celebrate deflation while my holdings shrink --- Reminded me, the last time I heard this kind of statement was during an AMA with a certain project team. Now, how is it going? --- Data speaks, but what can this month's data prove? Just waiting to be proven wrong --- Once the fee mechanism is activated, just activate it. Don't let it turn into another big water float.
View OriginalReply0
GigaBrainAnonvip
· 9h ago
100 million tokens directly burned? That's quite a move. Let's see if the subsequent LP rewards can keep up.
View OriginalReply0
AlgoAlchemistvip
· 10h ago
Damn, burning 100 million coins directly, that's some serious intensity.
View OriginalReply0
NFTregrettervip
· 10h ago
100 million tokens destroyed. This move is indeed aggressive, but whether the discount auction can truly retain LP depends on what happens next.
View OriginalReply0
BlindBoxVictimvip
· 10h ago
1 billion tokens burned sounds great, but it depends on whether it can truly attract liquidity afterward. 2 In my opinion, whether the fee discount auction model can work still depends on the execution details. 3 It's both deflationary and optimized for returns, feels like old marketing tricks... the real test is ahead. 4 Wait, if LP yields are optimized this way, won't the slippage for ordinary users increase? 5 The selling points are quite strong, but I'm worried that once launched, it might turn into something else. 6 The figure of 1 billion tokens looks impressive, but relative to the market cap, it doesn't really make much splash. 7 Burning tokens is just a trick to deceive retail investors; the key is whether the protocol can really make money. 8 Another governance drama, betting 5 dollars, and after three months, no one cares about this proposal.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)