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Proposal #225

Injective Exchange dApp Update: Market Parameter Changes

PassedBatch Exchange Modification Proposal

Passed on 12 May 2023 with 99.3% of the votes for yes.

Yes

99.3%

99.3% without abstain

Veto

0.0%

of votes cast

Ended

12 May 2023

The ballotvotes cast · final tally
Yes

99.29%

of votes cast

Abstain

0.01%

of votes cast

No

0.70%

of votes cast

Veto

0.00%

of votes cast

Description Summary This proposal updates the price tick sizes for certain markets. Background The community has expressed the desire to lower the price tick sizes for BTC/USDT PERP, ETH/USDT PERP and WETH/USDT markets. If this proposal passes, it can potentially help to create a more capital efficient environment for trading on exchange dApps built on Injective. Proposal This proposal, if approved, will update: The WETH/USDT spot market price tick size from 0.01 to 0.1 The BTC/USDT PERP market price tick size from 0.1 to 1 The ETH/USDT PERP market price tick size from 0.01 to 0.1

Timeline

  1. Submitted08 May 2023
  2. Voting started08 May 2023
  3. Voting ended12 May 2023
  4. Deposit deadline10 May 2023

Proposer

Address
Deposit500000.00B

Rules

Not recorded for this proposal.