injective

Prop 564: Update OPENAI/USDT PERP Hourly Funding Rate Cap on Injective Exchange dApps

If passed, this proposal will decrease the hourly funding rate cap for the OPENAI/USDT PERP market from 0.0625% to 0.0002275%.

Actions:

  • By voting yes on this proposal, you support decreasing the hourly funding rate cap for the OPENAI/USDT PERP market from 0.0625% to 0.0002275%.
  • By voting no on the proposal, you do not support decreasing the hourly funding rate cap for the OPENAI/USDT PERP market from 0.0625% to 0.0002275%.
  • 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.