
Injective Protocol
#605
FAILED
Settle Deprecated Perpetuals and Update Various Oracle Feeds on Injective Exchange dApps
Proposal Type: MsgBatchExchangeModification
Proposal Contents (*the original text from the proposer)
If passed, this proposal updates the oracle for the XPL/USDT PERP and WLFI/USDT PERP markets to use Pyth price feeds, and the AIX/USDT PERP market to use Stork price feeds. Transitioning from the current price feeds will increase the decentralization of these markets.
In addition, this proposal will settle the SPX/USDT PERP, ATH/USDT PERP, OSMO/USDT PERP, and BUIDL/USDT PERP markets. The settlement price of open positions will be based on the oracle price for the market when the proposal is passed.
Actions:
- By voting yes on this proposal, you support updating the oracle for the XPL/USDT PERP and WLFI/USDT PERP markets to use Pyth price feeds, and the AIX/USDT PERP market to use Stork price feeds, and support settling the SPX/USDT PERP, ATH/USDT PERP, OSMO/USDT PERP, and BUIDL/USDT PERP markets.
- By voting no on the proposal, you do not support updating the oracle for the XPL/USDT PERP and WLFI/USDT PERP markets to use Pyth price feeds, and the AIX/USDT PERP market to use Stork price feeds, and do not support settling the SPX/USDT PERP, ATH/USDT PERP, OSMO/USDT PERP, and BUIDL/USDT PERP markets.
- 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 quorum while formally declining to vote either for or against the proposal.
Disclosure: I am a member of the Injective Labs team.
Voting Results
Status: Quorum Not Met
(0.00% of the required 33.40%)
Tokens Voted
31,999,449
Yes
22,511,851
70.4%
No
330
0.0%
No With Veto
100
0.0%
Abstain
9,487,168
29.6%