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Proposal #106

Injective Protocol Mainnet Upgrade

PassedSoftware Upgrade Proposal

Passed on 25 Jan 2022 with 41.6% of the votes for yes.

Yes

41.6%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

25 Jan 2022

The ballotvotes cast · final tally
Yes

41.56%

of votes cast

Abstain

58.44%

of votes cast

No

0.00%

of votes cast

Veto

0.00%

of votes cast

This is a software upgrade proposal for the Injective Protocol Mainnet. If passed, this proposal would commit the Injective Chain to halting the Injective Chain application binary at block height 7067700 (approximately 14:00 UTC on Jan 25th) and starting the new Injective Chain application binary.

More details can be found in the long form proposal: [Hidden link]

This upgrade proposal adds a a few key improvements:

  1. This proposal adds a vesting period after the end of each Trade & Earn epoch. The Trade & Earn rewards of each epoch will only be distributed when the vesting period is over. The vesting period is set to 7 days in this proposal but can be updated via another governance proposal in the future.

  2. This proposal also adds the ability to disqualify any given participant from receiving Trade & Earn rewards during the vesting period. The disqualification of participants must be submitted and passed via another governance proposal. In the event of a participant being disqualified, its rewards points would be set to 0. This means the total rewards points in the epoch would decrease and consequently the rest of the participants would be entitled to a bigger share of the rewards. Note that the disqualification is not permanent, meaning a participant could be disqualified in one epoch and still participate in the next.

Timeline

  1. Submitted23 Jan 2022
  2. Voting started23 Jan 2022
  3. Voting ended25 Jan 2022
  4. Deposit deadline25 Jan 2022

Proposer

Address
Deposit500000.00B

Rules

Not recorded for this proposal.