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Proposal #353

Close Inactive Market (Osmosis Noble USDC)

PassedSudo Contract

Passed on 06 Sept 2026 with 100.0% of the votes for yes.

Yes

100.0%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

06 Sept 2026

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 concerns the closure of the Osmosis Noble USDC market on the Nolus Pirin (mainnet), which has remained inactive and is no longer serving user demand within the Nolus money market. The closure process is structured to ensure the safe return of user funds and to streamline the protocol by retiring underutilized components.

The action will proceed in two steps:

1. Automatic Return of Deposits: Any remaining deposits in the lending pool will be automatically distributed back to the corresponding lenders. This guarantees that all users are made whole and that no funds remain in the pool.

2. Market Closure: Following the distribution of funds, the Osmosis Noble USDC market will be fully closed. Users will no longer be able to deposit into the lending pool or open new positions against Osmosis Noble USDC.

This measure eliminates maintenance overhead for an inactive market and prepares the protocol for focusing resources on active and strategically valuable markets.

By voting "YES" on this proposal, you consent to the automatic distribution of remaining Osmosis Noble USDC deposits to lenders and the full closure of this market as a follow-up action.

Timeline

  1. Submitted03 Sept 2026
  2. Voting started03 Sept 2026
  3. Voting ended06 Sept 2026
  4. Deposit deadline13 Sept 2026

Proposer

Address
nolus17r…e3u8xv
Deposit20.0K

Rules

Not recorded for this proposal.

Who votes

Validators and delegator accounts, counted one vote each.

15 of 20 validators voted, 100% yes. 1 delegator accounts voted on their own, 100% yes.

Validators
15 of 20 voted
Delegators
1 accounts

Validator votes

Each validator's vote, by voting power.

15 validators voted, together 84.4% of the voting power.

ValidatorVoting PowerOption
Inter Blockchain Services
Inter Blockchain Services
12.2%Yes
Crosnest
Crosnest
11.9%Yes
polkachu.com
polkachu.com
10.4%Yes
PRO Delegators
PRO Delegators
9.0%Yes
P-OPS Team
P-OPS Team
7.0%Yes
LiveRaveN
LiveRaveN
6.4%Yes
01node
01node
5.6%Yes
The_Cybernetics
The_Cybernetics
5.2%Yes
node101
node101
5.2%Yes
Solva (CryptoCrew)
Solva (CryptoCrew)
3.8%Yes
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