---
title: "Alex Initiates Governance Vote on Tokenomics Overhaul"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286705947.md"
description: "Alex has initiated a governance vote to overhaul its tokenomics, proposing to end community incentive payments, conclude the 2024 Treasury Grant Program, and introduce a buyback and burn mechanism funded by protocol revenue. Voting started on May 18 and will end on June 1."
datetime: "2026-05-18T02:49:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286705947.md)
  - [en](https://longbridge.com/en/news/286705947.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286705947.md)
---

# Alex Initiates Governance Vote on Tokenomics Overhaul

Alex has initiated a governance vote to implement significant changes to its tokenomics structure. According to NS3.AI, the proposed changes include ending community incentive payments, concluding the 2024 Treasury Grant Program, and introducing a buyback and burn mechanism funded by protocol revenue. The voting process began on May 18 and is set to conclude on June 1.

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- [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md)

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