Injective Proposal: #538

Update Various iAsset Hourly Funding Rate Caps on Injective Exchange dApps

Status:

Passed

Yes75.1%

Turnout:41.57%

Quorum:33.40%

Yes: 75.1%

17,744,637 INJ

No: 0%

361 INJ

No With Veto: 0%

40 INJ

Abstain: 24.9%

5,881,314 INJ

Voting Period

Proposer

inj1lvlyw7p9mwlszqh90k9qhr46kya2c7e89nq7r6

Deposit End

Submit Time

Description

If passed, this proposal will increase the hourly funding rate caps for the iHOOD/USDT PERP, iMSTR/USDT PERP, iCOIN/USDT PERP, and iCRCL/USDT PERP markets from 0.00275% to 0.0055%.

<strong>Actions:</strong>

By voting YES on this proposal, you support increasing the hourly funding rate caps for the iHOOD/USDT PERP, iMSTR/USDT PERP, iCOIN/USDT PERP, and iCRCL/USDT PERP markets from 0.00275% to 0.0055%.
By voting NO on the proposal, you do not support increasing the hourly funding rate caps for the iHOOD/USDT PERP, iMSTR/USDT PERP, iCOIN/USDT PERP, and iCRCL/USDT PERP markets from 0.00275% to 0.0055%.
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.

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