Proposal #278
Passed on 04 Nov 2023 with 96.4% of the votes for yes.
Yes
96.4%
100.0% without abstain
Veto
0.0%
of votes cast
Ended
04 Nov 2023
96.44%
of votes cast
3.56%
of votes cast
0.00%
of votes cast
0.00%
of votes cast
To promote trading activity in new markets, the Injective Labs team proposes to boost the TIA/USDT spot market to 50x while resetting multipliers for all other markets.
Action
By voting YES on this proposal, you agree to update T&E multipliers based on the description above.
By voting NO on the proposal, you do not support updating T&E multipliers based on the description above.
By voting NO WITH VETO, you find this proposal to be (1) spam, i.e., irrelevant to the Injective ecosystem, (2) disproportionately infringes on minority interests, or (3) violates or encourages violation of the rules of engagement as currently set out by Injective governance. If the number of ‘NoWithVeto’ votes is greater than a third of total votes, the proposal is rejected and the 500 INJ deposit is burned.
By voting ABSTAIN, you wish to contribute to quorum while formally declining to vote either for or against the proposal.
Disclaimer: I am a member of the Injective Labs team.