Proposal #221
Passed on 25 Apr 2023 with 89.1% of the votes for yes.
Yes
89.1%
99.8% without abstain
Veto
0.0%
of votes cast
Ended
25 Apr 2023
89.14%
of votes cast
10.65%
of votes cast
0.21%
of votes cast
0.00%
of votes cast
Summary This proposal updates the BTC/USDT perp maintenance margin ratio and price/quantity tick sizes for certain markets. Background The community has expressed the desire to lower the BTC/USDT perp maintenance margin ratio and price/quantity tick sizes for three markets. A lower maintenance margin ratio means that, theoretically, a user with a position in the Injective Exchange dApp Ecosystem will be less likely to be liquidated. Proposal This proposal, if approved, will update: The BTC/USDT perp market maintenance margin ratio from 5% to 2.5%. The WMATIC/USDC spot market quantity tick size from 0.0001 to 0.1 The WETH/USDT spot market price tick size from 0.001 to 0.01 The ATOM/USDT spot market price tick size from 0.01 to 0.001