--- 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. ### Related Stocks - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [BLOK.US](https://longbridge.com/en/quote/BLOK.US.md) - [GSOL.US](https://longbridge.com/en/quote/GSOL.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) ## Related News & Research - [Anthropic Voids Unauthorized Share Transfers, Triggering Bloodbath In Tokenized Markets](https://longbridge.com/en/news/286115942.md) - [SEC Eases Crypto Rules to Allow Aggressive 24/7 Trading of Tokenized Stocks](https://longbridge.com/en/news/286891038.md) - [The Clarity Act is about to be implemented: Layout of six major business sectors](https://longbridge.com/en/news/286852769.md) - [THORChain confirms $10M exploit, rolls out recovery portal for affected users](https://longbridge.com/en/news/286642125.md) - [Circle, the first stablecoin to go public, has actually issued its own token.](https://longbridge.com/en/news/286785804.md)