Prop 540: Settle Various Perpetuals Across Injective DEXs

This proposal, if passed, will settle the WTI/USDT PERP, iMCD/USDT PERP, PLUME/USDT PERP, LAUNCHCOIN/USDT PERP, AXL/USDT PERP, and SIGN/USDT PERP markets. The settlement price of open positions will be based on the oracle price for each market when the proposal is passed. WTI/USDT PERP will be relaunched as an expiry futures product shortly after the perp is settled.

Actions:

• By voting yes on this proposal, you support settling the WTI/USDT PERP, iMCD/USDT PERP, PLUME/USDT PERP, LAUNCHCOIN/USDT PERP, AXL/USDT PERP, and SIGN/USDT PERP markets.
• By voting no on the proposal, you do not support settling the WTI/USDT PERP, iMCD/USDT PERP, PLUME/USDT PERP, LAUNCHCOIN/USDT PERP, AXL/USDT PERP, and SIGN/USDT PERP markets.
• By voting no with veto, you find this proposal to be spam, irrelevant, or malicious to governance, and support burning the 100 INJ deposit if NoWithVeto votes are greater than one-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.