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Injective Protocol

#655

PASSED

Update Oracle Feeds to Pyth Pro for Various Perpetual Markets on Injective Exchange dApps

Proposal Type: MsgBatchExchangeModification

Proposal Contents (*the original text from the proposer)

If passed, this proposal will update various active perpetual markets that currently use Pyth Core oracle feeds to use Pyth Pro oracle feeds. This proposal updates oracle parameters for 20 active Pyth Core derivative markets: ALGO/USDC PERP, AR/USDC PERP, AXS/USDC PERP, BCH/USDC PERP, BONK/USDC PERP, DYDX/USDC PERP, FET/USDC PERP, FLOKI/USDC PERP, FLOW/USDC PERP, GALA/USDC PERP, GLD/USDC PERP, GRT/USDC PERP, IMX/USDC PERP, LDO/USDC PERP, NEAR/USDC PERP, NEIRO/USDC PERP, PENDLE/USDC PERP, POL/USDC PERP, PYTH/USDC PERP, RAY/USDC PERP. Each trading pair will use Pyth Pro, and all other market parameters will remain unchanged. This change will be done in waves.

Actions:

  • By voting yes on this proposal, you support updating the oracle feeds for the markets listed above to Pyth Pro oracle feeds.
  • By voting no on this proposal, you do not support updating the oracle feeds for the markets listed above to Pyth Pro oracle feeds.
  • By voting no with veto, you find this proposal to be spam/irrelevant/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

Status: Quorum Met
(50.54% of the required 33.40%)
Tokens Voted
28,758,347
Yes
18,682,765
65.0%
No
476
0.0%
No With Veto
13
0.0%
Abstain
10,075,093
35.0%

Vox Populi

Community discussions related to the proposal.

There do not appear to be any discussions on this proposal at this time.