Prop 256: Kava Assets and USDT Launch on Injective

In collaboration with Kava, the Injective Labs team proposes launching 4 new markets (KAVA/USDT, USDTkv/USDT, BTC/USDTkv Perp, and ETH/USDTkv Perp), in addition to adding KAVA rewards to the Open Liquidity Program for the new perp markets to incentivize adoption of Cosmos native USDT (USDTkv) on Injective.

More details on OLP KAVA rewards to come.

By voting YES on this proposal, you support launching the 4 markets described above.

By voting NO on the proposal, you do not support launching the 4 markets described above.

By voting NO WITH VETO, you find this proposal to (1) be spam, i.e., irrelevant to the Injective ecosystem, (2) disproportionately infringe on minority interests, or (3) violates or encourages violation of the rules of engagement as currently set out by Injective governance. If the number of ‘NoWithVeto’ votes is greater than a third of total votes, the proposal is rejected and the 500 INJ deposit is burned.

By voting ABSTAIN, you wish to contribute to quorum but formally decline to vote either for or against the proposal.