Prop 555: Update On-Chain Denom Metadata for XRP

This proposal, if passed, would update the denom metadata for XRP (ibc/C3F872E2DF65D066215F3D61364A7D5342784DAB2A5B0441B9B558D692802902) on chain to ensure the speedy and efficient creation of various products across dApps on Injective. This metadata is required for proper market operation and price display.

Actions:

• By voting yes on this proposal, you support updating XRP metadata as described above.
• By voting no on the proposal, you do not support updating XRP metadata 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 ⅓ of the total voting power.
• 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.