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Injective Veyra Vote Snapshot Shows 33.03% Participation, Below Quorum

Picture: TokenPost

A Nov. 13 snapshot of Injective’s open Veyra upgrade vote showed participation at 33.03%, just below the 33.40% quorum required for a valid governance vote. The tally listed 13,162,188 Injective (INJ) tokens in favor, 5,318,011 abstaining and 80,500 against. Yes votes made up 70.91% of votes cast. The snapshot did not identify its capture time. Proposal 717, Veyra version 1.21.0, would add request-for-quote infrastructure, expand atomic swaps and add Inter-Blockchain Communication capabilities between Injective’s EVM environment and connected networks. Voting is scheduled to close Monday, Nov. 16. If approved, Veyra targets a chain halt at block 193,145,000 on Nov. 24.

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