injective

Prop 449: Reduce Peggy Slashing Percentage

Introduction The Peggy module slashing percentage will be reduced from 0.1% to 0.01% to align the parameters with the uptime slashing.

Actions:

  • By voting YES on this proposal, you agree to reduce the slashing percentage according to the above description.
  • By voting NO on the proposal, you do not support reducing the slashing percentage according to the above description.
  • 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.

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