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Proposal #111

Update Oracle Swap Tree (Osmosis Noble USDC)

PassedSudo Contract

Passed on 24 Apr 2024 with 100.0% of the votes for yes.

Yes

100.0%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

24 Apr 2024

The ballotvotes cast · final tally
Yes

100.00%

of votes cast

Abstain

0.00%

of votes cast

No

0.00%

of votes cast

Veto

0.00%

of votes cast

Proposal Summary

This proposal seeks to optimize the Oracle swap tree for the Osmosis Noble USDC protocol by updating the swap paths to utilize pools with higher liquidity and more favorable fees. This adjustment is aimed at enhancing the efficiency and cost-effectiveness of transactions facilitated by the Nolus Protocol on the Osmosis platform for the Noble USDC protocol. Below is a detailed breakdown of the proposed changes to the swap paths, highlighting the shift from previously utilized pools to new ones with greater liquidity and lower fees:

  • Switch of Supercharged Pools: The proposal suggests switching from Supercharged Pool #1450 (DYM/USDC with 220k USD in liquidity) to Supercharged Pool #1449 (DYM/OSMO with 550k USD in liquidity).

By voting "YES" on this proposal, you express your support for these strategic adjustments to the Oracle swap tree, thereby allowing the Nolus Protocol to leverage the specified paths for facilitating transactions relevant to the Noble USDC protocol on Osmosis.

Timeline

  1. Submitted23 Apr 2024
  2. Voting started23 Apr 2024
  3. Voting ended24 Apr 2024
  4. Deposit deadline03 May 2024

Proposer

Address
nolus17r…e3u8xv
Deposit2.5K

Rules

Not recorded for this proposal.