*** Authorize Indexer Performance Upgrade v1.6.1 • Injective Protocol • 0h 0m left *** Security validation for InjHub proposal rendering • Injective Protocol • 0h 0m left *** Migrate ServiceRegistry contract • Axelar Network • 0h 0m left *** Update Oracle Feeds to Pyth Pro for Various Perpetual Markets on Injective Exchange dApps Batch 2 • Stargaze • 0h 0m left *** Allow axelar14vps3ev03zyp2wmj89etx8rrxdxyltfy4rzl5m to upload wasm code • Axelar Network • 0h 0m left *** Set instantiate_default_permission to AnyOfAddresses • Axelar Network • 0h 0m left *** Allow axelar14vps3ev03zyp2wmj89etx8rrxdxyltfy4rzl5m to upload wasm code • Axelar Network • 0h 0m left *** Signaling Proposal: Freeze Hacker Funds and Recustody to a Trusted Distributor at a Later Date • Axelar Network • 0h 0m left *** Recover expired IBC client 07-tendermint-1737 (Osmosis <> Gravity Bridge) • Osmosis • 0h 0m left *** Recover Quicksilver IBC client • Cosmos Hub • 10h 32m left *** Set Minimum Notional for FanPicks (PICKS) • Injective Protocol • 13h 35m left *** Store Bluechip factory.wasm (1 of 3) • Osmosis • 96h left
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Injective Protocol

#668

PASSED

Update Hourly Funding Rate Caps for Various Equity Perpetuals on Injective Exchange dApps

Proposal Type: MsgBatchExchangeModification

Proposal Contents (*the original text from the proposer)

If passed, this proposal will decrease the hourly funding rate caps for the ABNB/USDC PERP, ADBE/USDC PERP, AFRM/USDC PERP, AI/USDC PERP, AMC/USDC PERP, AMD/USDC PERP, AMGN/USDC PERP, ASML/USDC PERP, AVGO/USDC PERP, AXP/USDC PERP, BABA/USDC PERP, BAC/USDC PERP, BIDU/USDC PERP, BLK/USDC PERP, BX/USDC PERP, BYND/USDC PERP, C/USDC PERP, CHTR/USDC PERP, CME/USDC PERP, CMG/USDC PERP, COST/USDC PERP, CRM/USDC PERP, CRWD/USDC PERP, DELL/USDC PERP, DIS/USDC PERP, DKNG/USDC PERP, ENPH/USDC PERP, FLUT/USDC PERP, FSLR/USDC PERP, GILD/USDC PERP, GME/USDC PERP, GRAB/USDC PERP, GS/USDC PERP, HIMS/USDC PERP, INTC/USDC PERP, ISRG/USDC PERP, JD/USDC PERP, JPM/USDC PERP, KKR/USDC PERP, LLY/USDC PERP, LULU/USDC PERP, and LVS/USDC PERP markets to 0.00275%, and decrease the hourly funding rate cap for the GLXY/USDC PERP market to 0.0055%.

This proposal updates only the hourly funding rate cap parameter for the listed equity perpetual markets. All other market parameters will remain unchanged. This proposal is one of two waves for the broader equity funding cap update set.

Actions:

  • By voting yes on this proposal, you support decreasing the hourly funding rate caps for the listed equity perpetual markets as described above.
  • By voting no on this proposal, you do not support decreasing the hourly funding rate caps for the listed equity perpetual markets as described above.
  • By voting no with veto, 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 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
(49.00% of the required 33.40%)
Tokens Voted
27,576,320
Yes
17,380,047
63.0%
No
77,915
0.3%
No With Veto
66
0.0%
Abstain
10,118,292
36.7%

Vox Populi

Community discussions related to the proposal.

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