Proposal #120
Passed on 24 May 2024 with 100.0% of the votes for yes.
Yes
100.0%
100.0% without abstain
Veto
0.0%
of votes cast
Ended
24 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 update the Oracle swap tree for the Osmosis axlUSDC protocol to optimize swap routes for assets used in leasing on the Nolus protocol. The following are the key changes proposed to enhance the efficiency of swaps on Osmosis:
Switching of Supercharged Pools: The currently used pool for stATOM, namely pool #1136 (3.7M) has roughly 2.5x less liquidity than the proposed pool #1283 (9.6M USD).
Switch of NLS pool: The proposal suggests switching from the standard NLS/axlUSDC pool to the newly created NLS/USDC pool. Liquidity is gradually being migrated to the new pool.
By voting "YES" on this proposal, you are endorsing the adjustment of the Osmosis axlUSDC Oracle swap tree to accommodate the revised swap routes, facilitating lease-related transactions on the Nolus platform.