Recently, the core team and the foundation of a well-known DEX jointly launched a significant governance proposal. The core content of this proposal is straightforward—activate protocol fees and coordinate incentive mechanisms across the entire ecosystem to make this decentralized trading protocol the preferred platform for tokenized asset trading.

Numbers speak for themselves. This protocol has processed approximately $4 trillion in trading volume to date, supported by thousands of developers, millions of liquidity providers, and hundreds of millions of trading wallets. But honestly, these years haven't been without challenges—legal lawsuits, regulatory pressures, especially during periods of tightening compliance environments, making life difficult. However, the good news is that recent policy changes have brought a turning point, coupled with several important governance milestones previously achieved by the community, laying a foundation for the next stage of development.

To be honest, DeFi is now at a crossroads. Decentralized trading protocols have already matched centralized platforms in performance and trading scale. Crypto assets are gradually moving from niche to mainstream, with institutional investors beginning to build applications on these DeFi protocols. Against this backdrop, the purpose of the new proposal is very clear—to establish a sustainable model for the long-term operation of the ecosystem. The core idea is to let the protocol’s usage directly drive the token burn mechanism, while the core team focuses on the development and growth of the protocol itself. According to the plan, a series of new fee and incentive structures will be launched…