Proposals of #611

Update LIT Oracle Feed and Margin Requirements on Injective Exchange dApps

Batch Exchange Modification
passed
Expected result
Turnout / Quorum
54.32% / 33.40%
Voting start 2025.12.30 at 23:12:00
Voting end 2026.01.03 at 23:01:00
76.41%
23 500 746 inj
Yes
0.00%
65 inj
No
0%
0 inj
Veto
23.59%
7 254 781 inj
Abstain

Details

Proposer
inj1lvlyw7p9mwlszqh90...
Total deposit
100 inj
Submit time
2025.12.30 at 23:12:00
Deposit end time
2026.01.01 at 23:01:00

Description

If passed, this proposal updates the oracle for the LIT/USDT PERP market to use a price feed provided by Stork. Transitioning from the current price feed will increase the decentralization of this market. The proposal will also change the initial margin and maintenance margin requirements for the LIT/USDT PERP market to reflect a maximum leverage increase from the current level of 3x to an increased level of 5x.

<strong>Actions:</strong>

  • By voting <strong>yes</strong> on this proposal, you support updating the oracle for the LIT/USDT PERP market to use a price feed provided by Stork, and support increasing the maximum leverage from 3x to 5x.
  • By voting <strong>no</strong> on the proposal, you do not support updating the oracle for the LIT/USDT PERP market to use a price feed provided by Stork, and do not support increasing the maximum leverage from 3x to 5x.
  • By voting <strong>no with veto</strong>, you find this proposal to be spam/irrelevant/malicious to governance, and contribute to burning the 100 INJ deposit if NoWithVeto votes are greater than ⅓ of the total voting power.
  • By voting <strong>abstain</strong>, 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

Voter
Answer