injective

Prop 385: Upload Exotic RFQ Contract Wasm Code

Background

Exotic Market is a DeFi option infrastructure. We built a new version of the contract to prepare new features (to be announced). This version has been audited by SCV: https://twitter.com/SCVSecurity/status/1773317457295618499

###Summary:

Exotic-RFQ is the contract handling the auction of the options once started. It will hold the token position of the option and wait for bidders. Two modes are available : automatic highest bid and manual selection bid. Once validated, bid or premium is exchanged against the position



Contract information:

Release version: 0.2.0

Compiler version: cosmwasm/optimizer:0.15.0

###TL;DR:

Exotic markets is an option infrastructure protocol. We will use new audited contracts for new products. Smart contracts are native to injective.

Exotic-RFQ contract handle auctioning of options positions .

By voting YES on this proposal, you agree to uploading Exotic-RFQ Wasm Contract as described in this proposal.

By voting NO on the proposal, you do not support uploading Exotic-RFQ Wasm Contract as described in this proposal.

By voting NO WITH VETO, you find this proposal to be spam/irrelevant/malicious to governance, and contribute to burning 100 INJ deposit if NoWithVeto votes are greater than 1/3 of the total voting power.

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

###Links:

- Exotic Markets on Injective Protocol

- Exotic Markets Twitter

- Exotic Markets Discord