
Injective Protocol
#633
Token Metadata Update (USDC)
Proposal Type: MsgBatchExchangeModification
Submitted On:
May 5, 2026 at 1:07 PM
Submitted By:
Deposit:
500 INJ
Deposit By:
Deposit By:
Proposal Contents (*the original text from the proposer)
This proposal seeks community approval to update the onchain token metadata for native USDC, to add a min notional quantity of 1. The token currently has no min notional amount, which prevents it from being used as a quote asset in trading pairs. This update will allow USDC to be used as a quote asset for various trading pairs.
If passed, this proposal will also update native USDC's auction exchange transfer denom decimals to 6, and update the ticker of the existing USDC/USDT market to USDCnb/USDT for disambiguation purposes.
Actions:
- By voting yes on this proposal, you support updating native USDC's min notional to 1, native USDC's auction exchange transfer denom decimals to 6, and changing the ticker for the existing USDC/USDT market to USDCnb/USDT.
- By voting no on the proposal, you do not support updating native USDC's min notional to 1, native USDC's auction exchange transfer denom decimals to 6, and changing the ticker for the existing USDC/USDT market to USDCnb/USDT.
- By voting no with veto, you find this proposal to be spam, irrelevant, or malicious to governance, and support burning the 100 INJ deposit if NoWithVeto votes are greater than one-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.
Disclosure: I am a member of the Injective Labs team.
Voting Results
Vox Populi
Community discussions related to the proposal.
There do not appear to be any discussions on this proposal at this time.
Proposal Status
Vote Distribution
Participation Analysis
Voting Comparison
Compare how addresses voted versus how tokens were voted to identify sentiment vs. voting power disconnects
Voting Alignment Analysis
Addresses = % of wallets; Tokens = % of voting power. A large gap means sentiment and power don't align.
Power concentration: 14.7% more tokens support this than address count suggests
Popular sentiment: 14.0% more addresses support this than token holdings suggest
Well aligned: Address and token voting are consistent
Well aligned: Address and token voting are consistent
Voting By Address
Voting By Token Holdings
Voting Power Status
Validator vs Non-Validator Voting Split
Validator-originated votes
Total: 0
Recorded non-validator votes
Total: 423
- Yes387 (91.5%)
- No3 (0.7%)
- Abstain33 (7.8%)
Largest Unvoted Validators
Validator Voting Detail
Resolving validator votes…| Validator | Voting Power | % of Bonded | Status | Vote Choice |
|---|---|---|---|---|
| Zellic | 4,307,692,746,935,150,000,000,000 | 7.3% | Not Voted | — |
| Everstake | 3,546,141,476,650,864,000,000,000 | 6.0% | Not Voted | — |
| Binance Staking | 3,445,317,355,055,954,000,000,000 | 5.8% | Not Voted | — |
| Kraken | 3,315,324,182,026,186,700,000,000 | 5.6% | Not Voted | — |
| Informal Systems | 3,012,094,620,965,880,000,000,000 | 5.1% | Not Voted | — |
| SCV-Security | 2,868,034,799,122,406,600,000,000 | 4.8% | Not Voted | — |
| Figment | 2,366,427,638,901,442,000,000,000 | 4.0% | Not Voted | — |
| Injective Foundation | 2,259,324,858,552,419,000,000,000 | 3.8% | Not Voted | — |
| Cointelegraph Decentralization Guardians | 2,002,062,055,425,827,200,000,000 | 3.4% | Not Voted | — |
| Core ONE | 1,812,433,364,375,496,400,000,000 | 3.1% | Not Voted | — |
| Kiln | 1,539,381,857,584,336,300,000,000 | 2.6% | Not Voted | — |
| Bitwise Onchain Solutions | 1,530,433,197,948,970,800,000,000 | 2.6% | Not Voted | — |
| Cosmostation | 1,529,334,379,865,473,200,000,000 | 2.6% | Not Voted | — |
| Solva (CryptoCrew) | 1,352,482,392,566,925,600,000,000 | 2.3% | Not Voted | — |
| FalconX | 1,288,556,202,226,585,400,000,000 | 2.2% | Not Voted | — |
| Nansen | Stake to Stack Points | 1,230,080,051,771,575,400,000,000 | 2.1% | Not Voted | — |
| polkachu.com | 1,168,485,351,590,080,600,000,000 | 2.0% | Not Voted | — |
| Black Panther | Delegate for Claimdrop | 1,055,259,728,467,856,000,000,000 | 1.8% | Not Voted | — |
| Twinstake | 1,028,595,995,852,934,300,000,000 | 1.7% | Not Voted | — |
| Hex Trust | 1,027,651,988,500,000,000,000,000 | 1.7% | Not Voted | — |
| BitGo by Twinstake | 1,009,637,009,907,821,500,000,000 | 1.7% | Not Voted | — |
| Allnodes | 941,108,905,027,347,500,000,000 | 1.6% | Not Voted | — |
| miPool | 934,002,000,210,000,000,000,000 | 1.6% | Not Voted | — |
| Decentrio-Labs | 924,105,489,794,439,700,000,000 | 1.6% | Not Voted | — |
| Imperator.co | 914,596,435,008,548,200,000,000 | 1.5% | Not Voted | — |
| Republic | 906,119,134,581,505,100,000,000 | 1.5% | Not Voted | — |
| Helios Staking | 790,418,149,981,910,000,000,000 | 1.3% | Not Voted | — |
| Citadel.one | 754,342,503,840,047,000,000,000 | 1.3% | Not Voted | — |
| Innovating Capital | 747,654,583,632,923,300,000,000 | 1.3% | Not Voted | — |
| AutoStake 🛡️ Slash Protected | 747,579,075,106,964,900,000,000 | 1.3% | Not Voted | — |
| Smart Stake | 730,218,606,092,489,500,000,000 | 1.2% | Not Voted | — |
| B-Harvest | 652,440,190,559,066,800,000,000 | 1.1% | Not Voted | — |
| HighStakes.ch | Daily Airdrops | 616,342,742,050,593,400,000,000 | 1.0% | Not Voted | — |
| NTT DOCOMO GLOBAL | 550,340,555,446,951,100,000,000 | 0.9% | Not Voted | — |
| Crosnest | 508,844,993,890,021,760,000,000 | 0.9% | Not Voted | — |
| Keplr | 486,673,681,178,692,150,000,000 | 0.8% | Not Voted | — |
| Deutsche Telekom | 458,716,446,569,342,600,000,000 | 0.8% | Not Voted | — |
| KoreaUniversity BRI | 428,224,442,166,247,200,000,000 | 0.7% | Not Voted | — |
| Lavender.Five Nodes 🐝 | 428,004,506,554,569,900,000,000 | 0.7% | Not Voted | — |
| Dynamo DeFi | 409,848,017,321,958,160,000,000 | 0.7% | Not Voted | — |
| Google Cloud | 400,058,272,879,891,600,000,000 | 0.7% | Not Voted | — |
| NextFinanceTech | 400,001,001,233,701,700,000,000 | 0.7% | Not Voted | — |
| Ledger by Chorus One | 379,938,565,341,287,200,000,000 | 0.6% | Not Voted | — |
| Neptune Foundation | 355,698,385,160,563,600,000,000 | 0.6% | Not Voted | — |
| TTT VN | 342,047,195,163,896,500,000,000 | 0.6% | Not Voted | — |
| Mblock | 300,482,011,846,351,520,000,000 | 0.5% | Not Voted | — |
| KDAC | 300,008,389,583,791,380,000,000 | 0.5% | Not Voted | — |
| Trust Nodes | 275,987,310,471,414,150,000,000 | 0.5% | Not Voted | — |
| Talis Protocol | 200,312,520,003,939,360,000,000 | 0.3% | Not Voted | — |
| PRYZM | StakeDrop | 122,438,524,833,973,370,000,000 | 0.2% | Not Voted | — |
| Talis Protocol (legacy) | 119,897,392,791,680,200,000,000 | 0.2% | Not Voted | — |
| Stakecito | 51,249,015,344,007,985,000,000 | 0.1% | Not Voted | — |
| Frens (🤝,🤝) | 36,312,458,079,407,507,000,000 | 0.1% | Not Voted | — |
| Stakely.io - Please Redelegate | 25,382,406,740,034,166,000,000 | 0.0% | Not Voted | — |
| PartnerStaking | Timeworx.io Airdrop | 22,365,051,089,177,600,000,000 | 0.0% | Not Voted | — |
| Kiln (legacy - please redelegate) | 20,892,248,674,449,950,000,000 | 0.0% | Not Voted | — |
| Dojo | Delegate for Airdrop | 20,806,962,434,386,570,000,000 | 0.0% | Not Voted | — |
| Atomic Nodes | 17,649,509,502,377,150,000,000 | 0.0% | Not Voted | — |
| PFC - Plan For Chaos | 15,079,171,079,313,256,000,000 | 0.0% | Not Voted | — |
| kingnodes 👑 | 12,617,671,055,482,972,000,000 | 0.0% | Not Voted | — |
| StakeLab.zone | 12,187,922,534,024,790,000,000 | 0.0% | Not Voted | — |
| POSTHUMAN 🧬 StakeDrop | 11,041,652,962,459,895,000,000 | 0.0% | Not Voted | — |
| Injective Finance | 11,039,936,640,883,093,000,000 | 0.0% | Not Voted | — |
| Golden Ratio Staking | 7,198,621,950,321,972,000,000 | 0.0% | Not Voted | — |
| Ubik Capital - CLOSED - Inactive - PLS REDELEGATE | 6,914,301,196,172,036,000,000 | 0.0% | Not Voted | — |
| Stakewolle.com | Auto-compound | 6,042,502,810,944,371,000,000 | 0.0% | Not Voted | — |
| BackBone Labs | Delegate for $SOUL Claim Drop | 5,482,926,293,784,477,000,000 | 0.0% | Not Voted | — |
| Open DeFi | 5,166,390,093,635,380,000,000 | 0.0% | Not Voted | — |
| Kahuna | 4,756,175,918,090,288,000,000 | 0.0% | Not Voted | — |
| ECO Stake 🌱 | REStake.app | 4,680,673,606,878,130,300,000 | 0.0% | Not Voted | — |
| Orman.xyz | 4,651,633,909,863,220,000,000 | 0.0% | Not Voted | — |
| Ninja Blaze | 3,367,751,209,512,865,400,000 | 0.0% | Not Voted | — |
| WolfEdge | 2,893,500,199,985,411,000,000 | 0.0% | Not Voted | — |
| Swiss Staking | Bare Metal | Bunker | 2,842,538,549,191,711,000,000 | 0.0% | Not Voted | — |
| Oni | Stake for BoostDrop™ 🚀 | 2,232,707,639,097,105,300,000 | 0.0% | Not Voted | — |
| Redelegate | 2,223,925,522,391,734,000,000 | 0.0% | Not Voted | — |
| Twinstake | 2,097,886,724,602,450,400,000 | 0.0% | Not Voted | — |
| w3coins | 1,927,441,421,786,477,000,000 | 0.0% | Not Voted | — |
| 01node | 1,743,731,431,701,523,700,000 | 0.0% | Not Voted | — |
| Coinage x DAIC | 1,622,268,466,780,127,400,000 | 0.0% | Not Voted | — |
| Four Pillars | 1,621,301,994,474,214,500,000 | 0.0% | Not Voted | — |
| TokenStation.app | 1,580,501,571,463,683,500,000 | 0.0% | Not Voted | — |
| NINJA | 1,151,360,534,526,018,600,000 | 0.0% | Not Voted | — |
| $MAX injective | 1,120,265,849,454,491,600,000 | 0.0% | Not Voted | — |
| Hex Trust | 1,082,344,259,879,673,800,000 | 0.0% | Not Voted | — |
| coinhall.org 📈🔄 | 1,043,186,267,115,764,300,000 | 0.0% | Not Voted | — |
| Forbole | 1,035,584,241,797,404,700,000 | 0.0% | Not Voted | — |
| AUDIT.one | 680,803,620,222,926,200,000 | 0.0% | Not Voted | — |
| InfStones | 680,429,874,236,504,100,000 | 0.0% | Not Voted | — |
| BitGo by Twinstake | 645,458,138,011,786,300,000 | 0.0% | Not Voted | — |
| Injective Node 1 | 534,866,322,839,097,840,000 | 0.0% | Not Voted | — |
| A41 | 468,856,010,237,420,800,000 | 0.0% | Not Voted | — |
| Redelegate to WhisperNode 🤐 | 453,997,844,491,561,860,000 | 0.0% | Not Voted | — |
| DSRV | 423,630,792,116,345,630,000 | 0.0% | Not Voted | — |
| Please undelegate | 359,835,895,954,376,100,000 | 0.0% | Not Voted | — |
| Cosmic Validator | Top Uptime & Auto-compound | 345,910,570,590,286,840,000 | 0.0% | Not Voted | — |
| Meria | 305,313,324,275,889,730,000 | 0.0% | Not Voted | — |
| BitNordic (decommissioned) | 277,153,275,166,108,250,000 | 0.0% | Not Voted | — |
| Migrating to ‘Keplr’ - Please Redelegate | 271,158,218,307,341,840,000 | 0.0% | Not Voted | — |
| Vault Staking | 254,138,225,981,292,480,000 | 0.0% | Not Voted | — |
| WhisperNode 🤐 | 224,911,213,733,845,400,000 | 0.0% | Not Voted | — |
| Node X | 170,204,509,493,592,620,000 | 0.0% | Not Voted | — |
| redelegate to StakeLab | 164,502,141,548,787,000,000 | 0.0% | Not Voted | — |
| Artifact | 129,000,000,000,000,020,000 | 0.0% | Not Voted | — |
| staking engine | 127,781,455,907,136,750,000 | 0.0% | Not Voted | — |
| Contribution DAO | 117,093,141,832,457,160,000 | 0.0% | Not Voted | — |
| gumi | 97,650,068,403,008,630,000 | 0.0% | Not Voted | — |
| DO NOT STAKE | 93,832,665,541,610,900,000 | 0.0% | Not Voted | — |
| <decommissioned> | 78,113,303,822,154,190,000 | 0.0% | Not Voted | — |
| 5.0 Validator | Airdrop | 77,211,386,478,232,300,000 | 0.0% | Not Voted | — |
| Nala DAO | 75,000,174,312,463,940,000 | 0.0% | Not Voted | — |
| Finoa-Consensus-Services | 67,798,579,912,155,365,000 | 0.0% | Not Voted | — |
| Injective Node 0 | 51,002,925,025,390,900,000 | 0.0% | Not Voted | — |
| Huobi | 50,539,018,405,247,255,000 | 0.0% | Not Voted | — |
| Nebula | 49,010,000,000,000,010,000 | 0.0% | Not Voted | — |
| Orion - Auto-Compound & 0% Fees | 46,030,613,892,460,560,000 | 0.0% | Not Voted | — |
| DOUBLETOP | 37,158,237,108,273,330,000 | 0.0% | Not Voted | — |
| Bi23 Labs | 34,045,893,778,905,620,000 | 0.0% | Not Voted | — |
| Mblock | 30,674,061,097,600,020,000 | 0.0% | Not Voted | — |
| please redelegate - shutting down | 16,990,891,960,308,105,000 | 0.0% | Not Voted | — |
| Copper | 14,606,353,216,999,037,000 | 0.0% | Not Voted | — |
| Notional | 14,212,756,415,728,585,000 | 0.0% | Not Voted | — |
| jabbey | 11,193,506,890,011,610,000 | 0.0% | Not Voted | — |
| KDAC | 10,001,000,100,157,473,000 | 0.0% | Not Voted | — |
| Psycho Node | 6,986,584,645,154,515,000 | 0.0% | Not Voted | — |
| HashQuark | 5,511,184,855,199,357,000 | 0.0% | Not Voted | — |
| test-node | 5,500,000,000,000,010,000 | 0.0% | Not Voted | — |
| MCF | 5,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| Tané | 5,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| CosmosPug 🍒 | 4,530,530,530,530,540,500 | 0.0% | Not Voted | — |
| POSTCAPITALIST🎩 | 2,886,050,055,485,328,400 | 0.0% | Not Voted | — |
| Outlier Ventures | 2,586,772,534,872,619,500 | 0.0% | Not Voted | — |
| Node & Validator | 2,301,583,342,500,010,000 | 0.0% | Not Voted | — |
| nysa.network | 2,243,332,598,443,389,700 | 0.0% | Not Voted | — |
| Please Re-delegate | 2,129,769,839,034,557,000 | 0.0% | Not Voted | — |
| Twinstake | 2,100,000,000,000,010,000 | 0.0% | Not Voted | — |
| Cosmology | 2,013,002,282,536,528,000 | 0.0% | Not Voted | — |
| Alessandro Mazza | 2,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| moonshot | 100% MEV Return to Stakers | 2,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| BlockHunters 🎯 | 1,920,111,441,046,300,700 | 0.0% | Not Voted | — |
| Stake.tips | 1,453,149,097,117,207,800 | 0.0% | Not Voted | — |
| Bro_n_Bro | 1,329,607,826,662,584,000 | 0.0% | Not Voted | — |
| Liquify | 1,211,000,000,000,010,000 | 0.0% | Not Voted | — |
| redelegate_please | 1,100,126,482,905,680,400 | 0.0% | Not Voted | — |
| Injective Node 3 | 1,037,242,873,320,739,300 | 0.0% | Not Voted | — |
| Redelegate to Galaxy | 1,001,002,208,593,616,900 | 0.0% | Not Voted | — |
| AzureNode | 1,001,000,000,000,010,000 | 0.0% | Not Voted | — |
| Cosmos Spaces | 1,001,000,000,000,010,000 | 0.0% | Not Voted | — |
| INJ | 1,001,000,000,000,010,000 | 0.0% | Not Voted | — |
| Synergy Nodes | 1,001,000,000,000,010,000 | 0.0% | Not Voted | — |
| CroutonDigital | 1,000,454,000,000,010,000 | 0.0% | Not Voted | — |
| Autonomy | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| DTEAM | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| Data Nexus | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| Fusion Trade | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| NODEJUMPER | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| OKX Earn | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| Onboarding | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| [NODERS]TEAM | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| decommissioned | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| undelegate | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| METAops | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| frontrunner | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| preprodtestingval | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| Hype INFRA | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| NFTSwitch.xyz w/ Reality Flux | 1,000,000,000,000,010,000 | 0.0% | Not Voted | — |
| DO NOT DELEGATE | 1,000,000,000,000,000,000 | 0.0% | Not Voted | — |
| Hello Moon | 1,000,000,000,000,000,000 | 0.0% | Not Voted | — |
| Hex Trust | 1,000,000,000,000,000,000 | 0.0% | Not Voted | — |
| InjStaking | 501,000,000,000,010,000 | 0.0% | Not Voted | — |
| Do Not Delegate | 326,935,078,310,055,900 | 0.0% | Not Voted | — |
| do not delegate - test | 113,000,000,000,000,000 | 0.0% | Not Voted | — |
| p10node | 105,000,000,000,010,000 | 0.0% | Not Voted | — |
| Ninja Blaze | 100,000,000,000,010,000 | 0.0% | Not Voted | — |
| Terran One | 88,088,129,975,749,330 | 0.0% | Not Voted | — |
| metaONE | 56,808,144,056,876,640 | 0.0% | Not Voted | — |
| Matrixed.Link | 51,055,061,355,603,260 | 0.0% | Not Voted | — |
| EarnX(Phasing Out) | 35,604,723,348,571,770 | 0.0% | Not Voted | — |
| Galaxy | 23,157,749,735,214,990 | 0.0% | Not Voted | — |
| KingSuper | 22,010,002,617,727,210 | 0.0% | Not Voted | — |
| Blockval | 21,747,952,616,223,710 | 0.0% | Not Voted | — |
| Daily ExtraRewards | Nodeof Cosmonauts | 17,810,122,201,264,448 | 0.0% | Not Voted | — |
| inactive | 10,584,422,651,895,348 | 0.0% | Not Voted | — |
| mykk | 10,300,000,000,010,000 | 0.0% | Not Voted | — |
| SmartNodes | 10,120,209,599,141,718 | 0.0% | Not Voted | — |
| Node | 10,100,000,000,010,000 | 0.0% | Not Voted | — |
| undelegate | 10,000,000,000,010,000 | 0.0% | Not Voted | — |
| Architect Nodes | 10,000,000,000,010,000 | 0.0% | Not Voted | — |
| 0% Fee to 2024 | Octopus | 9,000,900,090,019,002 | 0.0% | Not Voted | — |
| this_is_moniker | 2,000,000,000,010,000 | 0.0% | Not Voted | — |
| 🍀LuckyFriday.io🍀 | 1,100,000,000,010,000 | 0.0% | Not Voted | — |
| Crypteloid | 1,003,113,264,022,478.2 | 0.0% | Not Voted | — |
| undelegate | 1,001,003,978,336,531.5 | 0.0% | Not Voted | — |
| Offline | 426,435,195,954,643.7 | 0.0% | Not Voted | — |
| HT Digital Assets | 100,010,000 | 0.0% | Not Voted | — |
| Spotonchain.ai - Stake for Airdrop | 1,010,000 | 0.0% | Not Voted | — |
| none | 1,010,000 | 0.0% | Not Voted | — |