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Proposal #228

Injective Exchange dApp Update: Settle 1000PEPE/USDT Perp

PassedMarket Forced Settlement Proposal

Passed on 27 May 2023 with 87.4% of the votes for yes.

Yes

87.4%

99.8% without abstain

Veto

0.0%

of votes cast

Ended

27 May 2023

The ballotvotes cast · final tally
Yes

87.36%

of votes cast

Abstain

12.43%

of votes cast

No

0.20%

of votes cast

Veto

0.00%

of votes cast

This proposal, if passed, will settle the 1000PEPE perp market. Another proposal to launch a 1MPEPE perp market to replace the settled 1000PEPE perp market will follow shortly. The 1MPEPE market aims to provide a better trading experience by scaling the prices of the 1000PEPE market. The settlement price for open positions on the 1000PEPE market will be set as the mark price at the time the governance proposal is submitted.

Timeline

  1. Submitted23 May 2023
  2. Voting started23 May 2023
  3. Voting ended27 May 2023
  4. Deposit deadline25 May 2023

Proposer

Address
Deposit500000.00B

Rules

Not recorded for this proposal.