$BLUR price pump9.30%, or affected by the new proposal of 'BLUR fee conversion' by Split Capital

gate News: LiquidityTokenHedging fund Split Capital proposed the "BLUR Fee Conversion and veBLURToken Tokenomics" proposal at the Blur Governance Forum, aiming to add a framework to increase protocol fees and redirect fees back to the voting-locked BLUR (veBLUR) Token. The proposal suggests that the Non-fungible Token market adopts a new 0.5% Money Laundering structure while eliminating the 0.5% creator royalty. It also establishes a fee committee that can change the protocol fee rate to quickly adjust according to market conditions and competitive landscape. As a result, $BLUR touched a high of $0.3070 this morning and is now trading at $0.2724.

gate Data shows that the price of BLUR has pumped by 9.30% in the past 24 hours, with the current price at $0.2724, market cap of $548.16M, and 24-hour volume of $24.73M.