PANews reported on December 27th that the LayerZero community's vote on "whether to activate the protocol fee mechanism" failed to pass due to insufficient quorum. The next vote will be held in six months. The proposal included deciding whether to activate the LayerZero protocol fee mechanism, with fees not exceeding the cost of verifying and executing each LayerZero message. Fees collected would be converted into ZRO and destroyed.

The cryptocurrency exchange reported sharp growth in automated trading as vol

