{"proposal":{"id":"563","messages":[{"@type":"/injective.auction.v1beta1.MsgUpdateParams","authority":"inj10d07y265gmmuvt4z0w9aw880jnsr700jstypyt","params":{"auction_period":"2419200","min_next_bid_increment_rate":"0.002500000000000000","inj_basket_max_cap":"20000000000000000000000","bidders_whitelist":["inj1ez42atafr3ujpudsuk666jpjj9t53sehcynh3a","inj10n78w79xhxmytnuhjcck633nj4e7hrqaglgnfz"]}}],"status":"PROPOSAL_STATUS_PASSED","final_tally_result":{"yes_count":"27802069846294590586790928","abstain_count":"7173596337897722026164120","no_count":"346778707456465503190","no_with_veto_count":"50930999999999999995"},"submit_time":"2025-09-29T18:34:56.190311973Z","deposit_end_time":"2025-10-01T18:34:56.190311973Z","total_deposit":[{"denom":"inj","amount":"500000000000000000000"}],"voting_start_time":"2025-09-29T18:52:16.843015647Z","voting_end_time":"2025-09-30T18:52:16.843015647Z","metadata":".","title":"Update Community Burn Auction Cadence and Whitelist Contribution Contract","summary":"This proposal seeks to update parameters of the Injective Mainnet related to the community burn auction in order to improve alignment and accessibility for contributors.\n\n\u003cstrong\u003eSummary of Changes:\u003c/strong\u003e\n- \u003cstrong\u003eAuction Cadence:\u003c/strong\u003e The cadence of the community burn auction will be changed from \u003cstrong\u003e30 days\u003c/strong\u003e (introduced via the v1.16.4 upgrade) to \u003cstrong\u003e28 days\u003c/strong\u003e, ensuring that all future auctions will consistently start on a \u003cstrong\u003eWednesday\u003c/strong\u003e.\n- \u003cstrong\u003eWhitelisted Contribution Address:\u003c/strong\u003e A new whitelisted address will be introduced. This address represents the smart contract that will collect all community contributions, enabling coordinated bidding in the auctions going forward.\n\n\u003cstrong\u003eTimeline:\u003c/strong\u003e\n- This change will become effective at the \u003cstrong\u003econclusion of the current auction on October 01, 2025 at 15:00 UTC+02:00\u003c/strong\u003e.\n- The \u003cstrong\u003enext auction will then conclude 28 days later\u003c/strong\u003e, thereby establishing the updated cadence.\n\n\u003cstrong\u003eActions:\u003c/strong\u003e\n\n- By voting YES on this proposal, you support changing the community burn auction cadence from 30 days to 28 days and whitelisting the contribution contract to enable coordinated community participation.\n- By voting NO on the proposal, you do not support these changes.\n- By voting NO WITH VETO, you find this proposal to be spam/irrelevant/malicious, and support burning the 100 INJ deposit, if such votes are greater than ⅓ of the total voting power.\n- By voting ABSTAIN, you wish to contribute to quorum while formally declining to vote either for or against the proposal.\n\n\u003cem\u003eDisclosure: I am a member of the Injective Labs team.\u003c/em\u003e","proposer":"inj1adpadycvjcxudy3upwrw6kgf2csh536xrhj7pg","expedited":true,"failed_reason":""}}
