Proposal #31
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
0.00%
of votes cast
0.00%
of votes cast
0.00%
of votes cast
0.00%
of votes cast
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.
| Parameter | Current Parameter Value | New Parameter Value |
|---|---|---|
| Pool Size | 50000 INIT | 150000 INIT |
| Recover Velocity | 25000 INIT / day | 75000 INIT / day |
| Parameter | Value | Example | Description |
|---|---|---|---|
| Pool Size | 150000 INIT | 100000000000 | If 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 Velocity | 75000 INIT / day | 1,000,000 | See [Hidden link] for more information. |
| ANN (Amplification) | 20000 | 6000 | Amplification 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 Ratio | 0.7 | 0.7 | See [Hidden link] for more information. |
| Recover Param | 4 | 2.5 | See [Hidden link] for more information. |