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Proposal #324

Update Oracle Swap Tree (Osmosis axlUSDC)

PassedSudo Contract⚡ Expedited

Passed on 19 Dec 2025 with 99.9% of the votes for yes.

Yes

99.9%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

19 Dec 2025

The ballotvotes cast · final tally
Yes

99.93%

of votes cast

Abstain

0.07%

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 axlUSDC protocol, improving the efficiency of swap routes for assets used in margin trading on the Nolus protocol. The key updates are as follows:

  • Adjust WBTC and WETH routes: Currently, WBTC and WETH are routed through a pair with OSMO that does not have as much liquidity as it used to. As a viable alternative, we suggest routing through the alloyed versions of BTC and ETH on Osmosis, since they have better concentrated liquidity, especially applicable for alloyed BTC (allBTC).

By voting "YES" on this proposal, you support enhancing the Osmosis axlUSDC Oracle swap trees to reflect these updated routes, thereby improving performance and cost-effectiveness for margin trading on Nolus. Note: these markets have been deprecated for opening positions via the UI for quite some time now. Long positions are being opened via the USDC Noble market.

Timeline

  1. Submitted18 Dec 2025
  2. Voting started18 Dec 2025
  3. Voting ended19 Dec 2025
  4. Deposit deadline28 Dec 2025

Proposer

Address
nolus17r…e3u8xv
Deposit30.0K

Rules

Not recorded for this proposal.