Proposal #307
Passed on 07 Jan 2024 with 90.8% of the votes for yes.
Yes
90.8%
100.0% without abstain
Veto
0.0%
of votes cast
Ended
07 Jan 2024
90.84%
of votes cast
9.15%
of votes cast
0.01%
of votes cast
0.00%
of votes cast
This proposal pertains to products on Injective exchange dApps.
Specifically, in order to provide a better trading experience for markets with low prices, this proposal seeks to update the minimum price tick and minimum quantity tick for the following markets:
GINGER/INJ: min price tick from 0.000001 to 0.00000001 and min quantity tick from 10 to 1000
KIRA/INJ: min price tick from 0.000001 to 0.00000001 and min quantity tick from 10 to 1000
KATANA/INJ: min price tick from 0.000001 to 0.00000001 and min quantity tick from 10 to 1000
ZIG/INJ: min price tick from 0.001 to 0.000001 and min quantity tick from 0.000001 to 10
By voting YES on this proposal, you agree to update the min price tick and min quantity tick for these markets.
By voting NO on the proposal, you do not support updating the min price tick and min quantity tick for these markets.
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.