*** 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

#669

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 LYV/USDC PERP, MGM/USDC PERP, MRNA/USDC PERP, MS/USDC PERP, MU/USDC PERP, NEE/USDC PERP, NFLX/USDC PERP, NKE/USDC PERP, NOW/USDC PERP, NVO/USDC PERP, ORCL/USDC PERP, PANW/USDC PERP, PDD/USDC PERP, PFE/USDC PERP, PM/USDC PERP, PSKY/USDC PERP, PYPL/USDC PERP, QCOM/USDC PERP, RBLX/USDC PERP, REGN/USDC PERP, RIO/USDC PERP, RKLB/USDC PERP, SAP/USDC PERP, SBUX/USDC PERP, SCHW/USDC PERP, SNAP/USDC PERP, SNDK/USDC PERP, SNOW/USDC PERP, SOFI/USDC PERP, SPOT/USDC PERP, TEM/USDC PERP, TGT/USDC PERP, TKO/USDC PERP, TSM/USDC PERP, UBER/USDC PERP, V/USDC PERP, VST/USDC PERP, WBD/USDC PERP, WFC/USDC PERP, WMT/USDC PERP, and WYNN/USDC PERP markets to 0.00275%, and decrease the hourly funding rate caps for the SPCX/USDC PERP and STRC/USDC PERP markets 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.

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
(49.31% of the required 33.40%)
Tokens Voted
27,861,755
Yes
16,600,770
59.6%
No
162
0.0%
No With Veto
202
0.0%
Abstain
11,260,621
40.4%

Vox Populi

Community discussions related to the proposal.

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