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Proposal #348

Trade & Earn Multiplier Updates on Injective Exchange dApps

PassedBatch Exchange Modification Proposal

Passed on 26 Feb 2024 with 94.9% of the votes for yes.

Yes

94.9%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

26 Feb 2024

The ballotvotes cast · final tally
Yes

94.89%

of votes cast

Abstain

5.11%

of votes cast

No

0.01%

of votes cast

Veto

0.00%

of votes cast

To support trading activity in new markets across exchange dApps built on Injective, we propose boosting the T&E multipliers for the all new perpetual futures markets to 10x, while resetting the multipliers for other markets. Specifically, the boost will apply to AVAX/USDT PERP, SOL/USDT PERP, SUI/USDT PERP, WIF/USDT PERP, OSMO/USDT PERP, ARB/USDT PERP, OP/USDT PERP, LINK/USDT PERP, DOGE/USDT PERP, and BONK/USDT PERP. This will keep the T&E multiplier boosts meaningful rather than diluting the impact of the boosts between several markets.

  • 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 the 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.

Disclosure: I am a member of the Injective Labs team.

Timeline

  1. Submitted22 Feb 2024
  2. Voting started22 Feb 2024
  3. Voting ended26 Feb 2024
  4. Deposit deadline24 Feb 2024

Proposer

Address
inj1adpa…rhj7pg
Deposit100000.00B

Rules

Not recorded for this proposal.