Injective Exchange dApp Update: Market Parameter Changes
passed
Expected result
—
Turnout / Quorum
56.39% / 33.40%
99.29%
30 728 332 inj
Yes
0.70%
217 069 inj
No
0%
0 inj
Veto
0.01%
2 003 inj
Abstain
Details
Proposer
-
Total deposit
500 inj
Submit time
2023.05.09 at 00:05:20
Deposit end time
2023.05.11 at 00:05:20
Description
Description\nSummary\nThis proposal updates the price tick sizes for certain markets.\nBackground\nThe community has expressed the desire to lower the price tick sizes for BTC/USDT PERP, ETH/USDT PERP and WETH/USDT markets. If this proposal passes, it can potentially help to create a more capital efficient environment for trading on exchange dApps built on Injective.\nProposal\nThis proposal, if approved, will update:\nThe WETH/USDT spot market price tick size from 0.01 to 0.1\nThe BTC/USDT PERP market price tick size from 0.1 to 1\nThe ETH/USDT PERP market price tick size from 0.01 to 0.1
Votes
Voter
Answer