Prop 348: Trade & Earn Multiplier Updates on Injective Exchange dApps

To support trading activity in new markets across exchange dApps built on Injective, we propose boosting the T&E multipliers for the all new perpetual futures markets to 10x, while resetting the multipliers for other markets. Specifically, the boost will apply to AVAX/USDT PERP, SOL/USDT PERP, SUI/USDT PERP, WIF/USDT PERP, OSMO/USDT PERP, ARB/USDT PERP, OP/USDT PERP, LINK/USDT PERP, DOGE/USDT PERP, and BONK/USDT PERP. This will keep the T&E multiplier boosts meaningful rather than diluting the impact of the boosts between several markets.

• By voting YES on this proposal, you agree to update T&E multipliers based on the description above.
• By voting NO on the proposal, you do not support updating the T&E multipliers based on the description above.
• 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.

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