Injective Proposal: #497

Update denom metadata for major stablecoins

Status:

Passed

Yes70.6%

Turnout:57.03%

Quorum:33.40%

Yes: 70.6%

23,094,723 INJ

No: 0%

65 INJ

No With Veto: 0%

238 INJ

Abstain: 29.4%

9,608,201 INJ

Voting Period

Proposer

inj1adpadycvjcxudy3upwrw6kgf2csh536xrhj7pg

Deposit End

Submit Time

Description

This proposal adds denom metadata for major stablecoins such as USDT (peggy0xdAC17F958D2ee523a2206206994597C13D831ec7) and USDC (ibc/2CBC2EA121AE42563B08028466F37B600F2D7D4282342DE938283CC3FB2BC00E) on chain to ensure the speedy and efficient creation of perpetual markets across exchange dApps on Injective. This metadata is required for proper market operation and price display.

<strong>Actions:</strong>

By voting 'YES' on this proposal, you support adding stablecoin metadata as described above.
By voting 'NO' on the proposal, you do not support adding stablecoin metadata as described above.
By voting 'NO WITH VETO', you find this proposal to be spam/irrelevant/malicious, and support burning the 500 INJ deposit, if No With Veto votes are greater than ⅓ of the total voting power.
By voting 'ABSTAIN', you wish to contribute to the quorum while formally declining to vote either for or against the proposal.

<em>Disclosure: I am a member of the Injective Labs team.</em>