639

If passed, this proposal will settle the XAU/USDT PERP, XAG/USDT PERP, and USOIL/USDT PERP markets on Injective Exchange dApps as part of the migration to USDC-margined perpetual markets. The settlement price of open positions will be based on the oracle price for each market when the proposal is passed. After settlement, some or all of these markets will be relaunched as USDC-margined perpetual markets.

Actions:

• By voting yes on this proposal, you support settling the XAU/USDT PERP, XAG/USDT PERP, and USOIL/USDT PERP markets on Injective Exchange dApps.
• By voting no on the proposal, you do not support settling the XAU/USDT PERP, XAG/USDT PERP, and USOIL/USDT PERP markets on Injective Exchange dApps.
• By voting no with veto, you find this proposal to be spam/irrelevant/malicious to governance, and contribute to burning the 100 INJ deposit if NoWithVeto votes are greater than one-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.