*** 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

#674

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 ANET/USDC PERP, ARM/USDC PERP, BA/USDC PERP, GD/USDC PERP, IBM/USDC PERP, MRVL/USDC PERP, NIO/USDC PERP, NOC/USDC PERP, OKLO/USDC PERP, RIVN/USDC PERP, RTX/USDC PERP, SMCI/USDC PERP, TRADFI/USDC PERP, TTI/USDC PERP, and XPEV/USDC PERP markets from 0.0625% to 0.00275%.

This proposal updates only the hourly funding rate cap parameter for the listed remaining equity perpetual markets and the TRADFI and TTI equity index exposure 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 and equity index exposure perpetual markets to 0.00275%.
  • By voting no on this proposal, you do not support decreasing the hourly funding rate caps for the listed equity and equity index exposure perpetual markets to 0.00275%.
  • 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
(44.98% of the required 33.40%)
Tokens Voted
25,449,107
Yes
15,155,982
59.6%
No
809
0.0%
No With Veto
2
0.0%
Abstain
10,292,313
40.4%

Vox Populi

Community discussions related to the proposal.

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