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The decentralized trading protocol of PancakeSwap, The Flip proposal, has entered the governance voting phase, accompanied by CAKE supply conditions. This proposal aims to allocate 88% of the trading fees from v3 and Infinity pools to liquidity providers, with the remaining 12% going to the protocol treasury, while the fee structure for v2 remains unchanged.In terms of token issuance, the proposal plans to reduce the daily CAKE issuance from 22,500 tokens to 7,000 tokens, a decrease of about 69%, equivalent to approximately 5.66 million newly minted tokens per year. The remaining 7,000 tokens per day will be allocated to an ecological growth fund named Pantry, which will be flexibly used by The Kitchen team for marketing, partnerships, and initial liquidity for new pools.If the vote passes, implementation will begin within two weeks after approval, lasting from November 2026 to the end of January 2027, completing in about three months and being announced chain by chain. This proposal is built upon the Tokenomics 3 framework passed in April 2025, aiming to reduce the supply by approximately 20% by 2030. PancakeSwap states that the supply has decreased by 11.5% over the past 18 months.

The XRP Ledger vulnerability fix package named fixCleanup3_4_0 is expected to officially take effect around 09:34 UTC on October 23. This fix package has received votes from 29 validators, surpassing the threshold of over 80% approval among the network's default 35 validators, and must be maintained continuously for two weeks. The countdown has been ongoing for nine days. Since there is no margin in the vote count, if any validator withdraws support, the countdown will restart.This fix package partially addresses the unsecured lending system that Ripple has been promoting to banks and payment companies since June, but this system has not yet been activated. Currently, the lending amendment has only 19 votes, and the vault amendment for holding funds has 21 votes, neither of which has started the countdown. Therefore, even if both reach 29 votes today, the lending function will not be available until early November at the earliest.As designed, lenders will deposit XRP or other tokens into the vault, and loan brokers will then lend out the funds for a fixed term. The ledger is responsible for recording the loans and tracking repayments, while brokers assess the borrower's qualifications off-chain. Since borrowers do not need to provide collateral, the broker's judgment becomes the only guarantee for lenders against default losses. Ripple has promoted this scheme to payment companies that need liquidity during cross-border settlement. Additionally, the fix package also closes a vulnerability that allowed accounts authorized to destroy tokens to create new tokens under specific conditions and adjusts the rounding of vault amounts as well as the rules for determining loan overdue and default.

According to The Defiant, the French National Assembly passed an amendment during the review of the 2027 budget proposal with 38 votes in favor and 37 votes against, aiming to eliminate the tax deferral treatment enjoyed when converting certain crypto assets into a single fiat-pegged stablecoin starting from January 1, 2027.A total of 100 members participated in the voting, with 75 votes counted as valid.

The governance voting results of the Ethereum liquid staking protocol Rocket Pool show that voters support rETH withdrawals and have decided to retain the 4 ETH bond setup while choosing to adopt a random megapool exit mechanism.Voters also postponed proposals related to on-chain governance expansion. The complete Saturn 2 upgrade plan still requires formal approval before it can take effect.

The decentralized lending protocol Compound is currently conducting a governance vote on Proposal 612. This proposal aims to extend the delay time for treasury operations from 2 days to 10 days and grants the governance mechanism the power to cancel treasury operations.According to The Defiant, a wallet associated with Humpy has cast 1.75 million COMP tokens in support of this proposal.

According to the Snapshot page, the proposal for the World Liberty Financial (WLFI) community to "Launch the WLFI Governance Participation Incentive Program" has concluded voting. Approximately 82.13% voted in favor, about 9.17% voted against, and around 8.70% abstained.A total of 2,306 addresses participated in the voting, with a total voting volume of approximately 2.114 billion WLFI, exceeding the statutory threshold of 1 billion. Holders of unlocked WLFI will lock their tokens for at least 180 days and participate directly in governance voting at least once every 90 days to receive dynamically calculated rewards; delegated votes do not count towards participation requirements.The program is scheduled to be launched before October 1 and will replace the original proposal passed on March 12, 2026.

According to a disclosure by Compound community member ugurmersin, the Compound Foundation is suspected of violating the strict limitations of Proposal 536. This proposal originally entrusted 8.42 million DAI from the decentralized autonomous organization's (DAO) reserves to the foundation for management, explicitly stating that the funds could only be used to support protocol operations, strictly prohibiting autonomous trading or speculation, and could not be used to fund the foundation's own business.

U.S. Republican Senator and Wyoming Federal Senator Cynthia Lummis stated: The Democrats had previously requested that any cryptocurrency project raising more than $25 million from the public provide audited financial statements, and this requirement has been written into the bill.Lummis noted that the Democrats voted against the transparency they had requested. Lummis has served as a Federal Senator from Wyoming since 2021, having previously served as a member of the U.S. House of Representatives from 2009 to 2017.

U.S. President Trump initiated a renaming vote on social media. He pointed out that many people believe the term "artificial intelligence" is inaccurate and sounds very stiff. For this new phenomenon, more elegant and accurate names could be Superior Intelligence, Extreme Intelligence, or Supreme Intelligence.Trump called on everyone to participate in the vote to choose the most fitting new name for this evolving "revolution." So far, over 170,000 people have voted, and the leading "new name" is Superior Intelligence (abbreviated as SI), with a vote percentage of 40.6%.Hours later, Elon Musk replied to the post, stating: It will be smart enough for us to not understand.

Trump posted that many people believe the term "artificial intelligence" is not accurate or elegant enough, and proposed three alternative names: "Superior Intelligence (SI)", "Extreme Intelligence (EI)", and "Supreme Intelligence (SI)".Trump also initiated a poll asking the public which name is most suitable to describe this ongoing "revolution." A screenshot shows that at the time, 2,370 people had participated in the poll, with about 1 day remaining.

The U.S. cryptocurrency market structure bill CLARITY did not receive the required 60 votes in a procedural vote in the Senate, with a result of 49 to 50. The bill is not yet dead, as Republican lawmakers retain the option to reconsider the motion, but there are significant disagreements between the two parties on the ethical provisions related to Trump’s digital assets, and the legislative window continues to narrow.

On Wednesday, the U.S. House Financial Services Committee advanced the American Reserve Modernization Act (H.R. 8957) with a vote of 28 in favor and 21 against. All 28 votes in favor came from Republicans, while all 21 votes against came from Democrats. The bill requires the Treasury Department to establish a Bitcoin strategic reserve and digital asset reserve within 180 days and mandates federal agencies to report their held assets within 60 days.The Bitcoin included in the reserve cannot be sold, exchanged, auctioned, or mortgaged for 20 years. The revised text removes provisions for purchasing more Bitcoin using Federal Reserve funds, gold certificates revaluation, and tariff revenue, adjusting the frequency of reserve proof reporting from quarterly to annually. The bill does not authorize the purchase of Bitcoin but only requires the Treasury and Commerce Departments to study acquisition plans with no cost to taxpayers.

Zcash holders voted overwhelmingly to support speeding up transaction times while retaining the Bitcoin-like halving mechanism. This governance vote was for Zcash's next major network upgrade, NU7, with nearly 2.4 million ZEC participating in the vote, accounting for about two-thirds of the approximately 3.6 million eligible ZEC at the time of the snapshot. The results were calculated based on ZEC weight, with each eligible ZEC representing one vote.Among them, 99.9% of participating ZEC supported reducing the block time from 75 seconds to 25 seconds, 98.9% supported retaining the Bitcoin-like halving mechanism, 96.6% supported postponing the fee reissuance of the Network Sustainability Mechanism (NSM) until February 20231, and 99.3% supported launching NU7 as soon as possible, giving up any unrealized features before the deadline of September 30.This vote was limited to holders of ZEC in Zcash's latest privacy transaction pool, Ironwood. The ballots were encrypted and split into 16 parts for counting, making it impossible for validators to reconstruct the specific holders' votes and balances. Previously, a sentiment survey in February for NU7 only attracted 7.25% of circulating ZEC to participate. The voting results themselves will not directly change the network; the relevant features still need to be implemented, tested, and included in the final upgrade.

CZ reposted a summary from the founder of Compound regarding the failure of the CLARITY Act to pass the Senate procedural vote on platform X and stated that if there is one positive aspect, it is that stablecoins can still continue to provide yields.CZ mentioned that there will always be setbacks in the process of moving forward, but technological advancements will continue to progress.

Coinbase Chief Policy Officer Faryar Shirzad commented on the failure of the CLARITY Act to pass a key procedural vote, stating that the U.S. Congress has given their answer: the legislative path is blocked, and there should be no further expectations. The SEC and CFTC, the two major regulatory agencies, can issue clear regulatory rules using their existing authority.With about seven weeks until the midterm elections, crypto voters should use their ballots to retaliate against the lawmakers who voted no.

The U.S. Senate concluded the cloture vote on the CLARITY Act (H.R. 3633), with the final result being 49 votes in favor and 50 votes against, failing to reach the 60 votes required to advance the bill, and the motion was declared unsuccessful.Delaware Democratic Senator Coons was absent and did not participate in the vote.

Crypto In America host Eleanor Terrett posted that there is only about one hour left until the senators vote on the Clarity Act, and the atmosphere among negotiators on Capitol Hill is tense as negotiations enter the final stages.The Democrats still insist on modifications to the ethical provisions of the bill. Any further adjustments may require approval from the White House again, and those involved are aware that time is running out. A Democratic source stated: A lot of hard work is underway, but time is very tight. A Republican source also expressed a similar view.An industry insider told her on Capitol Hill that after speaking with lawmakers, it is expected that the bill will not secure the 60 votes needed to advance. She also noted that this is Congress, and anything can happen.

The U.S. Senate will conduct a procedural vote on the Digital Asset Market Clarity Act (referred to as the CLARITY Act). At 2:15 AM Beijing time on September 16, senators will decide whether to end the debate on the motion to enter the bill's review process, with a threshold of 60 votes. If the vote passes, the bill will then enter full Senate debate, amendments, and subsequent final voting, which does not equate to the bill being passed directly that night, nor does it mean it will take effect immediately.To garner bipartisan support, Senate Republicans accepted 126 substantive amendments proposed by Democrats in the final draft. The new text includes stricter ethical provisions, granting state attorneys general a clearer enforcement role; it also gives the Secretary of the Treasury the authority to intervene against potential deposit outflows triggered by payment stablecoins, and revises developer-related provisions to reduce the risk of decentralized infrastructure developers being classified as money transmission entities. Democrats are concerned that the Trump family's cryptocurrency business may create conflicts of interest, with some lawmakers hoping to add constraints such as asset divestiture or blind trusts; moderate senators like Warner and Gallego still hope to push for more amendments. Some Republican lawmakers are also under pressure from the banking industry, fearing that accounts with yield attributes linked to stablecoins could siphon off deposits from community banks.

According to Crypto in America, the U.S. Senate will hold a crucial procedural vote on the "Clarity Act" at 2:15 PM on September 15, which requires 60 votes to advance to formal debate. The Republican Party has made 126 substantive amendments to the bill at the request of the Democrats, covering ethical provisions, software developer protections, and a "circuit breaker" mechanism for stablecoin deposits, and has designated this as the "final, best, and ultimate" text.On the eve of the vote, the Democrats still proposed counter-proposals, calling for further tightening of large cryptocurrency holding limits, blockchain regulatory provisions, and exchange conflict of interest rules. Patrick Witt, Executive Director of the White House Crypto Council, expressed that he "feels good" about the voting outcome but admitted that the final result depends more on political maneuvering than on the policy itself.Eight banking industry groups, including the American Bankers Association, continue to oppose the bill, arguing that there are loopholes in the existing stablecoin yield provisions; meanwhile, the White House Council of Economic Advisers has introduced new tools to counter the banking industry's assertion that stablecoins will lead to deposit outflows.