Ignas | DeFi
Ignas | DeFi|Jun 27, 2025 08:41
Layzero voted twice to activate the fee switch with 95%+ voting in favor but... It failed because the quorum was not reached. The DAO votes on the fee switch every six months. Next vote in 6 months. Where are all the ZRO holders? Just 13% of the quorum was reached. Voting apathy is an argument against DAOs and sticking to web2-like managed companies with strict hierarchy. Tbh, most DAOs would struggle to reach quorums if not for delegations where holders can give voting power to someone else. But Layerzero doesn't even have a forum for people can discuss proposals less a delegate program. Seems the DAO isn't a priority for them.
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