Proposal #172
Passed on 30 Sept 2022 with 79.2% of the votes for yes.
Yes
79.2%
99.5% without abstain
Veto
0.0%
of votes cast
Ended
30 Sept 2022
79.16%
of votes cast
20.43%
of votes cast
0.41%
of votes cast
0.00%
of votes cast
Summary The proposal will seek to update the Trade & Earn reward multipliers for 10 markets across Injective exchange dApps Background After the release of Mainnet v1.6 and the approval of Injective Improvement Proposal 164 (IIP-164), a number of markets on Injective exchange dApps were provided with negative maker fees and maker/taker Trade & Earn reward multipliers of either 1x or 1.5x. It has been 2 months since the adjustment and the liquidity of perpetual markets still have room for improvement. In light of this, Trade & Earn multipliers associated with perp markets should be increased in order to attract more liquidity. Meanwhile, ATOM, INJ and WETH spot markets are the gateway markets for new users and should also have higher multipliers relative to other spot markets. Proposal This proposal would adjust the Trade & Earn reward maker and taker multipliers to 5x for the following markets: