injective

Prop 688: Modify Open Interest Caps for Various Equity and RWA Perpetual Markets on Injective Exchange dApps

If passed, this proposal will set open interest caps across 116 active equity and RWA perpetual markets: 24 markets at $2,000,000 and 92 markets at $1,000,000.

It will also force settle TRIA/USDC PERP at the market oracle price when the proposal passes. All other market parameters remain unchanged.

Actions:

  • By voting yes on this proposal, you support the listed open interest cap updates and force settling TRIA/USDC PERP.
  • By voting no on this proposal, you do not support the listed open interest cap updates or force settling TRIA/USDC PERP.
  • By voting no with veto, you find this proposal to be spam/irrelevant/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.