Proposal #49
Passed on 18 Nov 2023 with 100.0% of the votes for yes.
Yes
100.0%
100.0% without abstain
Veto
0.0%
of votes cast
Ended
18 Nov 2023
100.00%
of votes cast
0.00%
of votes cast
0.00%
of votes cast
0.00%
of votes cast
One of the features which proposal 44 introduced was the replacement of the GAMM module with the new PoolManager module in the Interchain Account messages with regard to opening, repaying or liquidating lease positions. This primarily allowed the Nolus Protocol to take advantage of the new Supercharged pools on Osmosis which are based on the concentrated liquidity model pioneered by Uniswap v3. This provides for more efficient trading to happen as liquidity is not spread across the whole price curve but rather in smaller distinct ranges.
This proposal aims to migrate the ID of the WETH/OSMO pool to its new concentrated liquidity counterpart. Below the current breakdown in terms of liquidity of the old vs the new pool as well as a price impact improvement given a large swap:
By voting YES on this proposal, you agree to make these adjustments to the Oracle swap tree and allow the protocol to utilize the paths above to facilitate the lease-relevant transactions.