injective

Prop 512: Reduce Minimum Fees on Injective

This proposal seeks to reduce the minimum protocol fee from 0.00001 to 0.000001. The aim for this proposal is to pave the way for a subsequent proposal that reduces the taker fee for fee tiers 8-10.

  • If passed, the minimum protocol fee will be changed from 0.00001 to 0.000001.

  • By voting YES on this proposal, you support changing the minimum protocol fee as described above.

  • By voting NO on the proposal, you do not support changing the minimum protocol fee as described above.

  • By voting NO WITH VETO, you find this proposal to be spam/irrelevant/malicious, and support burning the 100 INJ deposit if No With Veto votes are greater than a third 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.

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