injective

Prop 553: Update H100/USDT PERP Hourly Funding Rate Cap on Injective Exchange dApps

If passed, this proposal will decrease the hourly funding rate cap for the H100/USDT PERP market from 0.0625% to 0.00275%.

Actions:

  • By voting YES on this proposal, you support decreasing the hourly funding rate cap for the H100/USDT PERP market from 0.0625% to 0.00275%.
  • By voting NO on the proposal, you do not support decreasing the hourly funding rate cap for the H100/USDT PERP market from 0.0625% to 0.00275%.
  • By voting 'NO WITH VETO', you find this proposal to be spam/irrelevant/malicious, and support burning the 100 INJ deposit, if No With Veto votes are greater than ⅓ 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.