injective

Prop 448: Kira Liquidity Pool Locker to be deployed on the injective mainnet

Description: The initial version was introduced in January and ran for a month. After encountering several bugs, we decided to revamp the Liquidity Locker with the support of a new team of skilled developers. The process has been long and meticulous, as our priority was to ensure the product met the highest standards of quality. To achieve this, we chose to take a careful, step-by-step approach. We've made significant improvements, including a whole new codebase, new features, an entirely revamped UI, and the completion of two independent audits. The new version of the Kira Liquidity Pool Locker has now been operating on the injective testnet for a few months and has been fully audited by IronNode and pentested by DegenDevs.

The new features: - An ‘Extend Lock’ feature for projects to relock their liquidity before the lock time expires, allowing them to have more flexibility.

  • An ‘Overview’ of all the locked Liquidity Pool tokens that gives token holders and community members a possibility to search for Liquidity Pool tokens, check which Liquidity Pool tokens are locked, how much of the total supply is locked and for how long. The goal of these features is to increase trust between project owners and token holders. If the locktime of a Liquidity Pool token is coming to an end, the token holders will see this in the 'Overview' and can contact the project owners to make sure they relock their liquidity, proving to their community that the liquidity is safe and thus avoid any panic sells from the token holders.

Actions: - By voting YES on this proposal, you agree to allow the Kira Liquidity Pool Locker to be deployed on the injective mainnet.

  • By voting NO on the proposal, you do not allow the Kira Liquidity Pool Locker to be deployed on the injective mainnet.
  • 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 the total votes, the proposal is rejected and the 100 INJ deposit is burned.
  • By voting ABSTAIN, you wish to contribute to the quorum while formally declining to vote either for or against the proposal.