Proposals of #503

Decrease hourly funding rate cap for various tradfi markets

Batch Exchange Modification
passed
Expected result
Turnout / Quorum
67.55% / 33.40%
Voting start 2025.03.07 at 16:03:03
Voting end 2025.03.11 at 16:03:03
66.12%
24 510 563 inj
Yes
0.00%
360 inj
No
0.00%
68 inj
Veto
33.88%
12 558 662 inj
Abstain

Details

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Proposer
inj1adpadycvjcxudy3up...
Total deposit
100 inj
Submit time
2025.03.07 at 16:03:03
Deposit end time
2025.03.09 at 16:03:03

Description

This proposal seeks to decrease the hourly funding rate cap for XAU/USDT PERP, XAG/USDT PERP, GBP/USDT PERP, EUR/USDT PERP, TRADFI/USDT PERP, TTI/USDT PERP, and iNVDA/USDT PERP from 0.0625% to 0.02%.

  • By voting YES on this proposal, you support decreasing the max hourly funding rate for the aforementioned markets.
  • By voting NO on the proposal, you do not support decreasing the max hourly funding rate for the aforementioned markets.
  • 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 a third 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>

Votes

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Answer