🚀 LayerZero Protocol Fee Proposal Fails to Pass Quorum
#LayerZero #Protocol #FeeProposal #Voting #Quorum #Blockchain
According to Odaily, the voting on the proposal to activate the fee switch for the LayerZero protocol has concluded without reaching the required quorum. As a result, the fee switch will remain inactive. The next voting session is scheduled to take place in six months.#LayerZero #Protocol #FeeProposal #Voting #Quorum #Blockchain
🚀 Uniswap Treasury Burns 100 Million UNI Following Fee Proposal Approval
#Uniswap #Treasury #UNI #TokenBurn #TransactionFees #FeeProposal #ForesightNews #Lookonchain #Crypto #Blockchain
According to Foresight News, Lookonchain monitoring revealed that Uniswap's treasury has burned 100 million UNI tokens. This action took place four hours after the approval of a proposal to destroy transaction fees. The burned tokens are valued at approximately $591 million.#Uniswap #Treasury #UNI #TokenBurn #TransactionFees #FeeProposal #ForesightNews #Lookonchain #Crypto #Blockchain
🚀 Morgan Stanley Proposes Lower Fee for Spot Bitcoin ETF
#MorganStanley #BitcoinETF #SpotBitcoinETF #FeeProposal #ETF #S1Filing #NS3AI #NewYorkStockExchange #MSBT #USBank #RegulatoryApproval #Bitcoin #BTC
Morgan Stanley has proposed a 14-basis-point fee for its spot bitcoin ETF, as outlined in an amended S-1 filing. According to NS3.AI, this fee is lower than the typical 15–25 basis point range charged by similar funds. The filing follows a listing notice from the New York Stock Exchange for MSBT, indicating that the product could commence trading swiftly upon regulatory approval. If approved, this would mark the first spot bitcoin ETF issued directly by a major U.S. bank.#MorganStanley #BitcoinETF #SpotBitcoinETF #FeeProposal #ETF #S1Filing #NS3AI #NewYorkStockExchange #MSBT #USBank #RegulatoryApproval #Bitcoin #BTC