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Proposal #31

Increase Minitswap’s Pool Size and Recover Velocity Parameter

PassedGov Execute⚡ Expedited

Passed on 05 May 2025 with 0.0% of the votes for yes.

Yes

0.0%

0.0% without abstain

Veto

0.0%

of votes cast

Ended

05 May 2025

The ballotvotes cast · final tally
Yes

0.00%

of votes cast

Abstain

0.00%

of votes cast

No

0.00%

of votes cast

Veto

0.00%

of votes cast

0. Info

  • Projects: All L2s whitelisted on Minitswap as of this proposal (BFB, Civitia, Echelon, Intertia, ING Network, Intergaze, Rave, Yominet, Zaar).

1. TL;DR

This proposal asks to increase the Pool Size and Recover Velocity parameters for the main Minitswap pool pair in order to facilitate tighter spreads on INIT instant exits from the L2 to the L1.

ParameterCurrent Parameter ValueNew Parameter Value
Pool Size50000 INIT150000 INIT
Recover Velocity25000 INIT / day75000 INIT / day

2. Proposal Details

ParameterValueExampleDescription
Pool Size150000 INIT100000000000If set to 100, the pool starts with a virtual balance of 100 INIT and 100 ibcOpInit, used in swap pricing logic (not actual liquidity).
Recover Velocity75000 INIT / day1,000,000See [Hidden link] for more information.
ANN (Amplification)200006000Amplification factor used in Minitswap to flatten the bonding curve and reduce slippage. Calculated as An^n100 where n is the number of tokens (typically 2).
Max Ratio0.70.7See [Hidden link] for more information.
Recover Param42.5See [Hidden link] for more information.

Governance Votes

  • YES – You support whitelisting the Minitswap pools with the parameters provided.
  • NO – You do not support the proposed change.
  • NO WITH VETO – You believe the proposal is harmful, spam, or violates governance principles.
  • ABSTAIN – You choose not to take a position but want your vote counted toward quorum.

Timeline

  1. Submitted04 May 2025
  2. Voting started04 May 2025
  3. Voting ended05 May 2025
  4. Deposit deadline05 May 2025

Proposer

Address
init1k6l…dlpuus
Deposit100.0K

Rules

Not recorded for this proposal.