Of the votes excluding abstentions, 99.43% in favor... Injective surpasses quorum
Original headline기권 제외 표 중 99.43% 찬성…인젝티브 정족수 넘어
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Injective’s Veyra mainnet upgrade proposal #717 has surpassed quorum with 38.41% participation against a 33.40% threshold, with 99.43% of non-abstain votes cast in favor. As of July 14, the Valopers tally showed 14,135,195 INJ in support, 80,589 against, one veto and 7,338,046 abstentions, with voting set to close on July 16. The approval clears a key governance hurdle for the Veyra upgrade, though the headline 99.43% support figure excludes abstentions and differs from the 65.58% approval share of all votes cast including abstentions. Watch for final turnout and the upgrade’s activation schedule once voting ends.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Injective (INJ), INJ (INJ), Veyra, Valopers
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