Prop 307: Update min price tick and min quantity tick for 4 markets on Injective Exchange dApps

This proposal pertains to products on Injective exchange dApps.

Specifically, in order to provide a better trading experience for markets with low prices, this proposal seeks to update the minimum price tick and minimum quantity tick for the following markets:

- GINGER/INJ: min price tick from 0.000001 to 0.00000001 and min quantity tick from 10 to 1000

- KIRA/INJ: min price tick from 0.000001 to 0.00000001 and min quantity tick from 10 to 1000

- KATANA/INJ: min price tick from 0.000001 to 0.00000001 and min quantity tick from 10 to 1000

- ZIG/INJ: min price tick from 0.001 to 0.000001 and min quantity tick from 0.000001 to 10

- By voting YES on this proposal, you agree to update the min price tick and min quantity tick for these markets.

- By voting NO on the proposal, you do not support updating the min price tick and min quantity tick for these markets.

- By voting NO WITH VETO, you find this proposal to be (1) spam, i.e., irrelevant to the Injective ecosystem, (2) disproportionately infringes 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 while formally declining to vote either for or against the proposal.

Disclaimer: I am a member of the Injective Labs team.