Proposal #118
Passed on 23 May 2024 with 100.0% of the votes for yes.
Yes
100.0%
100.0% without abstain
Veto
0.0%
of votes cast
Ended
23 May 2024
100.00%
of votes cast
0.00%
of votes cast
0.00%
of votes cast
0.00%
of votes cast
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 and also introduce CUDOS as a new asset for leasing. 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 depth of the liquidity of the new pools:
Switch to NLS/USDC: The proposal suggests switching from the current standard NLS/axlUSDC #1041 to a newly created Supercharged Pool #1797 (NLS/USDC). The liquidity of the first pool will be migrated to the new more efficient pool.
Introduce CUDOS: A brand new asset for leasing will be integrated into the swap tree of the Oracle contract. The pool is a standard one and has currently around 1M USD worth of 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.