Description
Summary
This proposal updates the price tick sizes for certain markets.
Background
The community has expressed the desire to lower the price tick sizes for BTC/USDT PERP, ETH/USDT PERP and WETH/USDT markets. If this proposal passes, it can potentially help to create a more capital efficient environment for trading on exchange dApps built on Injective.
Proposal
This proposal, if approved, will update:
The WETH/USDT spot market price tick size from 0.01 to 0.1
The BTC/USDT PERP market price tick size from 0.1 to 1
The ETH/USDT PERP market price tick size from 0.01 to 0.1