Proposal #179
Passed on 31 Oct 2022 with 60.9% of the votes for yes.
Yes
60.9%
99.5% without abstain
Veto
0.0%
of votes cast
Ended
31 Oct 2022
60.89%
of votes cast
38.81%
of votes cast
0.30%
of votes cast
0.00%
of votes cast
Summary The proposal will help to adjust Trade & Earn points for specific addresses interacting with exchange dApps built on Injective. Specifically, it will set points to zero for addresses that appeared to have traded in a suspicious way for purposes of manipulating the Trade & Earn rewards program. Background The Trade & Earn rewards program was approved by the Injective community to help support the growth of the exchange dApps built on Injective. Since the release of the Program, the community has identified some wallet addresses that have been entering into, or purporting to enter into, transactions that give the appearance that purchases and sales have been made, without incurring market risk or changing the user’s market position, in an attempt to unfairly eke out Program rewards (“Wash Trading”). This behavior detracts from the purpose of the Program, harms the community, and should not be encouraged. Proposal The following addresses' Trade & Earn rewards points will be adjusted to zero: