Proposals of #69

Injective VIP Fee Discount Program

Exec Legacy Content
passed
Expected result
Turnout / Quorum
11.46% / 33.40%
Voting start 2021.11.12 at 23:11:02
Voting end 2021.11.14 at 23:11:02
36.15%
2 273 659 inj
Yes
0.00%
161 inj
No
0%
0 inj
Veto
63.84%
4 015 114 inj
Abstain

Details

logo
Proposer
-
Total deposit
500 inj
Submit time
2021.11.12 at 23:11:02
Deposit end time
2021.11.14 at 23:11:02

Description

The Injective VIP Fee Discount Program is the first ever fully on-chain fee discount program rewarding traders and market makers who choose to take a long-term commitment on Injective Protocol. The program provides network participants with trading fee discounts based on their Tier which is determined by the trailing 30-day trading fee contribution as well as staked INJ amount. Note that only trading fees paid in USDT and USDC are eligible towards the fee discount contribution and that trading fees generated from the USDT/USDC spot market are disqualified. More details can be found in the full proposal: https://github.com/InjectiveLabs/governance/tree/master/proposals/2021-11-12-fee-discount

Votes

Voter
Answer