injective

Prop 537: Update Various iAsset Hourly Funding Rate Caps on Injective Exchange dApps

If passed, this proposal will increase the hourly funding rate caps for the iHOOD/USDT PERP, iMSTR/USDT PERP, iCOIN/USDT PERP, and iCRCL/USDT PERP markets from 0.00275% to 0.0055%.

Actions:

  • By voting YES on this proposal, you support increasing the hourly funding rate caps for the iHOOD/USDT PERP, iMSTR/USDT PERP, iCOIN/USDT PERP, and iCRCL/USDT PERP markets from 0.00275% to 0.0055%.
  • By voting NO on the proposal, you do not support increasing the hourly funding rate caps for the iHOOD/USDT PERP, iMSTR/USDT PERP, iCOIN/USDT PERP, and iCRCL/USDT PERP markets from 0.00275% to 0.0055%.
  • 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 ⅓ 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.