injective

Prop 524: Decrease hourly funding rate cap for various RWA markets

This proposal seeks to decrease hourly funding rate cap for iMETA/USDT PERP, iAAPL/USDT PERP, iNFLX/USDT PERP, iMSFT/USDT PERP, iAMZN/USDT PERP, from 0.0625% to 0.00275%

  • By voting YES on this proposal, you support decreasing the hourly funding rate cap for iMETA/USDT PERP, iAAPL/USDT PERP, iNFLX/USDT PERP, iMSFT/USDT PERP, iAMZN/USDT PERP, from 0.0625% to 0.00275%
  • By voting NO on the proposal, you do not support decreasing the hourly funding rate cap for iMETA/USDT PERP, iAAPL/USDT PERP, iNFLX/USDT PERP, iMSFT/USDT PERP, iAMZN/USDT PERP, from 0.0625% to 0.00275%
  • 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.