This proposal, if passed, will settle the FTM/USDT PERP market. The settlement price of open positions will be based on the oracle price when the proposal is passed.

Actions:

• By voting 'YES' on this proposal, you support settling the FTM/USDT PERP market.
• By voting 'NO' on the proposal, you do not support settling the FTM/USDT PERP market.
• By voting 'NO WITH VETO', you find this proposal to be (1) spam, i.e., irrelevant to the Injective ecosystem, (2) disproportionately infringes on minority interests, or (3) violates or encourages violation of the rules of engagement as currently set out by Injective governance. If the number of 'NoWithVeto' votes is greater than a third of the total votes, the proposal is rejected and the 100 INJ deposit is burned.
• 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.