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This proposal, if passed, will update the minimum quantity tick size for the USDC/USDT and USDC/USDCnb spot markets on Injective Exchange dApps. The new minimum quantity tick size for each market will be 0.01. The proposal will also change the maker fee rate to 0. All other market parameters will stay the same.

• By voting yes on this proposal, you support updating the minimum quantity tick size and maker fee rate for the USDC/USDT and USDC/USDCnb spot markets as defined above.
• By voting no on the proposal, you do not support updating the minimum quantity tick size and maker fee rate for the USDC/USDT and USDC/USDCnb spot markets as defined above.
• 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 ⅓ 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.