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Proposal #287

Update Oracle Swap Tree (Osmosis Noble USDC)

PassedSudo Contract⚡ Expedited

Passed on 15 Apr 2025 with 100.0% of the votes for yes.

Yes

100.0%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

15 Apr 2025

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

Summary

This proposal seeks to optimize the Oracle swap tree for the Osmosis USDC protocol, improving the efficiency of swap routes for assets used in margin trading on the Nolus protocol. The key updates are as follows:

  • Delist OM: We propose the removal of OM from the Oracle swap tree due to ongoing concerns about its liquidity and the absence of open positions. Notably, OM was removed from the Nolus dApp approximately six weeks ago, preventing new positions from being opened. Following a mass liquidation event that took place yesterday, there are now no active loans associated with OM long positions. Finalizing the delisting process at this stage is both timely and logical.

By voting "YES" on this proposal, you support enhancing the Osmosis USDC Oracle swap tree to reflect these updated routes, thereby improving performance and cost-effectiveness for margin trading on Nolus.

Timeline

  1. Submitted14 Apr 2025
  2. Voting started14 Apr 2025
  3. Voting ended15 Apr 2025
  4. Deposit deadline24 Apr 2025

Proposer

Address
nolus17r…e3u8xv
Deposit20.0K

Rules

Not recorded for this proposal.