This proposal seeks to change the taker fee discounts for various fee tiers, which are based on a user's staked INJ and total trading volume over the previous 28 days. The aim for this proposal is to foster increased activity across Injective DEXs which can help to bring more protocol revenue long term.

• If passed, there will be no changes for fee tiers 0 through 7. The taker discount for tier 8 will increase from 50% to 82.9%. The taker discount for tier 9 will increase from 60% to 82.9%. Finally, the taker discount for tier 10 will increase from 70% to 82.9%.

• By voting YES on this proposal, you support changing the taker fee discounts as described above.

• By voting NO on the proposal, you do not support changing the taker fee discounts as described above.

• 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 a 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.