Injective Proposal: #533

Update Various Oracle Feeds and iAsset Hourly Funding Rate Caps on Injective Exchange dApps

Status:
Failed
Yes64.3%

Turnout:60.01%

Quorum:33.40%

Yes: 64.3%

21,934,868 INJ

No: 0%

499 INJ

No With Veto: 0%

112 INJ

Abstain: 35.7%

12,172,850 INJ

Voting Period

  -  

Proposer

inj1lvlyw7p9mwlszqh90k9qhr46kya2c7e89nq7r6

Deposit End

Submit Time

Description

If passed, this proposal updates the oracles for the SIGN/USDT PERP and KAITO/USDT PERP markets to Pyth price feeds. Transitioning from the current price feeds to Pyth price feeds will increase the decentralization of these markets. In addition, this proposal will decrease the hourly funding rate caps for the WTI/USDT PERP and iCRCL/USDT PERP markets from 0.0625% to 0.00275%.

<strong>Actions:</strong>

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