Proposals of #278

Trade & Earn Multiplier Updates

Exec Legacy Content
passed
Expected result
Turnout / Quorum
62.81% / 33.40%
Voting start 2023.10.31 at 19:10:58
Voting end 2023.11.04 at 19:11:58
96.44%
33 242 087 inj
Yes
0.00%
819 inj
No
0%
0 inj
Veto
3.56%
1 227 946 inj
Abstain

Details

logo
Proposer
inj17vytdwqczqz72j65s...
Total deposit
500 inj
Submit time
2023.10.31 at 19:10:23
Deposit end time
2023.11.02 at 19:11:23

Description

To promote trading activity in new markets, the Injective Labs team proposes to boost the TIA/USDT spot market to 50x while resetting multipliers for all other markets.\n\nAction\n\nBy voting YES on this proposal, you agree to update T&E multipliers based on the description above.\n\nBy voting NO on the proposal, you do not support updating T&E multipliers based on the description above.\n\nBy voting NO WITH VETO, you find this proposal to be (1) spam, i.e., irrelevant to the Injective ecosystem, (2) disproportionately infringes on minority interests, or (3) violates or encourages violation of the rules of engagement as currently set out by Injective governance. If the number of ‘NoWithVeto’ votes is greater than a third of total votes, the proposal is rejected and the 500 INJ deposit is burned.\n\nBy voting ABSTAIN, you wish to contribute to quorum while formally declining to vote either for or against the proposal.\n\nDisclaimer: I am a member of the Injective Labs team.

Votes

Voter
Answer