Proposals of #74

ETH/USDT PERP Launch, BNB/USDT PERP Launch and Rewards Rate Update

Exec Legacy Content
passed
Expected result
Turnout / Quorum
10.42% / 33.40%
Voting start 2021.11.20 at 08:11:33
Voting end 2021.11.22 at 08:11:33
29.80%
1 704 083 inj
Yes
0%
0 inj
No
0%
0 inj
Veto
70.20%
4 014 577 inj
Abstain

Details

logo
Proposer
-
Total deposit
500 inj
Submit time
2021.11.20 at 08:11:33
Deposit end time
2021.11.22 at 08:11:33

Description

This proposal introduces the ETH/USDT PERP and BNB/USDT PERP markets to the Injective Chain using Band IBC price feeds as well as making the following updates:

  1. Adding 1.8x maker boosts and 1.2x taker boots for the ETH/USDT PERP and BNB/USDT PERP markets.
  2. Updating the BTC/USDT PERP market maker fee to 0.05% and 0.12% for takers
  3. Disqualifying the AXS/USDT PERP market from earning Trade & Earn points (due to the existing negative maker fee).

Votes

Voter
Answer