Proposal #1001
Passed on 24 Jan 2026 with 89.5% of the votes for yes.
Yes
89.5%
100.0% without abstain
Veto
0.0%
of votes cast
Ended
24 Jan 2026
89.48%
of votes cast
10.48%
of votes cast
0.02%
of votes cast
0.02%
of votes cast
This proposal requests raising the static composition limit for the Eureka-bridged USDT and ETH within the Alloyed USDT and ETH.
Eureka has been in use for around 8 months as a [Hidden link] with no known security incidents or bridge halts reported during that period. As alloyed assets are simplified and the number of component variants is reduced, Eureka-bridged assets will necessarily make up a larger share of the remaining composition. Existing low caps, therefore, create unnecessary friction and require adjustment to support regular operation.
Current usage is 17.8% out of 20% for USDT.eth.atom, 11.3% out of 20% for ETH.atom.
This proposal asks for both to be increased to 75% to match the caps on the Axelar bridged variants and minimize the need for future governance proposals to expand in stages.
This adjustment increases the alloy asset exposure to Eureka across both alloys from ~$600k to ~$2.25m, increasing exposure to Eureka/IBC v2 in the event of a failure or pause. No such incidents have occurred during Eureka’s operation to date, and caps remain governance-controlled should conditions change. A moderation subDAO may also temporarily freeze movements in and out of the Alloy while a security issue is assessed.
Details on current liquidity, composition, and cap levels can be found on the [Hidden link]
WBTC.eth.atom adjustment is not proposed here, as Alloyed BTC currently has high exposure to WBTC through existing sources.
Eureka is an interoperability protocol built on IBC v2, a more efficient and transparent solution for cross-chain asset transfers. Unlike traditional bridges, Eureka enables permissionless, secure, and cost-effective asset transfers, bringing new liquidity to the Cosmos ecosystem via the Cosmos Hub and facilitating the expansion of multichain applications.
Website: [Hidden link]
Forum Post: [Hidden link]