This proposal defines the rewards allocation of Trade & Earn from epoch 112 to epoch 119, which ends on 06 Mar 2024 09:00 (UTC). The Trade & Earn rewards program was approved by the Injective community to help support the trading volume of Injective and the growth of the exchange dApps built on Injective.
This proposal, if approved, will extend Trade & Earn rewards for another 8 weeks after the conclusion of epoch 111. The proposal may be voted on at https://hub.injective.network/governance/ once submitted. The following is the breakdown of the rewards:
- Epoch 112 - 966 INJ
- Epoch 113 - 959 INJ
- Epoch 114 - 953 INJ
- Epoch 115 - 947 INJ
- Epoch 116 - 940 INJ
- Epoch 117 - 934 INJ
- Epoch 118 - 927 INJ
- Epoch 119 - 921 INJ
By voting YES on this proposal, you agree to spending 7,547 INJ from the community pool to promote trading activity on Injective.
By voting NO on the proposal, you do not support spending 7,547 INJ from the community pool to promote trading activity on Injective.
By voting NO WITH VETO, you find this proposal to (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 but formally decline to vote either for or against the proposal.
Disclaimer: I am a member of the Injective Labs team.