Proposals of #106

Injective Protocol Mainnet Upgrade

Exec Legacy Content
passed
Expected result
Turnout / Quorum
12.52% / 33.40%
Voting start 2022.01.23 at 10:01:20
Voting end 2022.01.25 at 10:01:20
41.56%
2 854 979 inj
Yes
0%
0 inj
No
0%
0 inj
Veto
58.44%
4 013 994 inj
Abstain

Details

logo
Proposer
-
Total deposit
500 inj
Submit time
2022.01.23 at 10:01:20
Deposit end time
2022.01.25 at 10:01:20

Description

This is a software upgrade proposal for the Injective Protocol Mainnet. If passed, this proposal would commit the Injective Chain to halting the Injective Chain application binary at block height 7067700 (approximately 14:00 UTC on Jan 25th) and starting the new Injective Chain application binary.\n\nMore details can be found in the long form proposal: https://github.com/InjectiveLabs/injective-chain-releases/blob/master/docs/migration/injective-canonical-chain-4.md \n\nThis upgrade proposal adds a a few key improvements:\n\n1. This proposal adds a vesting period after the end of each Trade & Earn epoch. The Trade & Earn rewards of each epoch will only be distributed when the vesting period is over. The vesting period is set to 7 days in this proposal but can be updated via another governance proposal in the future.\n\n2. This proposal also adds the ability to disqualify any given participant from receiving Trade & Earn rewards during the vesting period. The disqualification of participants must be submitted and passed via another governance proposal. In the event of a participant being disqualified, its rewards points would be set to 0. This means the total rewards points in the epoch would decrease and consequently the rest of the participants would be entitled to a bigger share of the rewards. Note that the disqualification is not permanent, meaning a participant could be disqualified in one epoch and still participate in the next.

Votes

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