injective

Prop 638: Update Market Params for USDC Spot Markets on Injective Exchange dApps

This proposal, if passed, will update the maker fee rate for the SOL/USDC, WETH/USDC, HDRO/USDC, ATOM/USDC, AUSD/USDC, INJ/USDC, and XION/USDC spot markets on Injective Exchange dApps. The new maker fee rate for each market will be 0. All other market parameters will stay the same.

  • By voting yes on this proposal, you support updating the maker fee rate for the SOL/USDC, WETH/USDC, HDRO/USDC, ATOM/USDC, AUSD/USDC, INJ/USDC, and XION/USDC spot markets as defined above.
  • By voting no on the proposal, you do not support updating the maker fee rate for the SOL/USDC, WETH/USDC, HDRO/USDC, ATOM/USDC, AUSD/USDC, INJ/USDC, and XION/USDC spot markets as defined above.
  • 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.