injective

Prop 602: Upgrade Onchain Stocks Oracle Feeds to 24/5 Pricing

If this proposal passes, the oracle feeds for PLTR/USDT PERP and NVDA/USDT PERP will be updated to enhance on-chain stock pricing outside of normal market hours. The feeds will switch from a single Pyth price feed to an aggregated price feed powered by SEDA, which references four different Pyth feeds. These four feeds cover pre-market trading, normal NYSE trading hours, after-market trading, and overnight trading during the week.

With this latest proposal, Injective aims to continue its trajectory of growth and innovation, ensuring that INJ remains at the forefront of Web3 finance. This change will be implemented in waves.

Actions:

  • By voting yes on this proposal, you agree with upgrading the oracle feeds for PLTR/USDT PERP and NVDA/USDT PERP as described above.
  • By voting no on the proposal, you do not agree with upgrading the oracle feeds for PLTR/USDT PERP and NVDA/USDT PERP as described above.
  • By voting no with veto, you find this proposal to be spam/irrelevant/malicious to governance, and contribute to burning the 100 INJ deposit if NoWithVeto 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.