---
title: "LayerZero (ZRO) - Referendum #3 (Fee Switch) - 20 December 2025"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/270372164.md"
description: "LayerZero (ZRO) is holding Referendum #3, allowing ZRO holders to vote on activating a protocol fee. A 'Yes' vote would enable LayerZero to charge fees on cross-chain messaging, transforming it into a fee-generating network. This could impact ZRO's valuation as a cash-flow and governance asset. Voting ends on December 27th."
datetime: "2025-12-20T05:00:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/270372164.md)
  - [en](https://longbridge.com/en/news/270372164.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/270372164.md)
---

# LayerZero (ZRO) - Referendum #3 (Fee Switch) - 20 December 2025

LayerZero is holding Referendum #3, where ZRO holders can vote from any supported chain on whether to activate a protocol fee, according to the official governance announcement. Mechanically, a “Yes” vote would turn on LayerZero’s fee switch, enabling the protocol to charge fees on its cross-chain messaging activity. This changes LayerZero from a pure infrastructure play to a fee-generating network. If the economic design ultimately routes part of these fees to the treasury or ecosystem aligned with ZRO, markets may start valuing ZRO more as a cash-flow and governance asset, potentially impacting long-term pricing and volatility around the vote outcome.

> ️ Fee-Switch Referendum #3 Now Live
> 
> Vote with ZRO from any chain:
> 
> • “Yes” to activate the LayerZero protocol fee
> 
> • “No” to keep the protocol fee inactive
> 
> Voting concludes December 27th.
> 
> https://t.co/9eXlMkoRlt pic.twitter.com/n2QvAyxbnj
> 
> Dec 20, 2025

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