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Proposal #515

Decrease hourly funding rate cap for various RWA markets

PassedBatch Exchange Modification⚡ Expedited

Passed on 01 Apr 2025 with 82.0% of the votes for yes.

Yes

82.0%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

01 Apr 2025

The ballotvotes cast · final tally
Yes

82.03%

of votes cast

Abstain

17.97%

of votes cast

No

0.00%

of votes cast

Veto

0.00%

of votes cast

This proposal seeks to decrease hourly funding rate cap for iMCD/USDT PERP, iMSTR/USDT PERP, iGOOGL/USDT PERP, iTSLA/USDT PERP, iHOOD/USDT PERP, iCOIN/USDT PERP, and AIX/USDT PERP from 0.0625% to 0.00275%, and the the hourly funding rate cap for XAU/USDT PERP, XAG/USDT PERP, GBP/USDT PERP, EUR/USDT PERP, TRADFI/USDT PERP, TTI/USDT PERP, and iNVDA/USDT PERP from 0.02% to 0.00275%

  • By voting YES on this proposal, you support decreasing the max hourly funding rate for the aforementioned markets.
  • By voting NO on the proposal, you do not support decreasing the max hourly funding rate for the aforementioned markets.
  • By voting NO WITH VETO, you find this proposal to be spam/irrelevant/malicious, and support burning the 100 INJ deposit if No With Veto votes are greater than a third of the total voting power.
  • 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. Submitted31 Mar 2025
  2. Voting started31 Mar 2025
  3. Voting ended01 Apr 2025
  4. Deposit deadline02 Apr 2025

Proposer

Address
inj1lvly…9nq7r6
Deposit500000.00B

Rules

Not recorded for this proposal.