After waiting for several years, the "fee switch" of a certain leading DEX is finally going to take real action.

According to the latest news, the proposal contract to activate this switch has already been thrown onto the Ethereum mainnet, and the next step is the on-chain voting phase. To ensure everything goes smoothly, they have also offered a hefty bounty – up to $15.5 million – for anyone who can find a critical bug.

Why is this matter worth paying attention to? In simple terms, once the fee switch is turned on, token holders may finally get a taste of the protocol's revenue. This is not a minor adjustment of parameters, but rather directly affects the foundational logic of token value.

From a market perspective, this is usually interpreted as a structural benefit. Of course, a chain reaction is inevitable—how developers will divide it, whether liquidity providers will be unhappy, and how community governance should be balanced, will likely lead to some heated discussions.

The scale of the bounty of 15.5 million USD also indirectly indicates one thing: they are truly serious about security. After all, when DeFi protocols encounter problems, it's not something to be taken lightly.

Voting day could be a turning point.