Proposal #1039
Passed on 30 Aug 2026 with 94.0% of the votes for yes.
Yes
94.0%
100.0% without abstain
Veto
0.0%
of votes cast
Ended
30 Aug 2026
94.05%
of votes cast
5.95%
of votes cast
0.00%
of votes cast
0.00%
of votes cast
This proposal:
USDC.inj is now registered across the Cosmos ecosystem and live on Osmosis.
This proposal moves Osmosis from basing parameters on USDC.noble to targeting an alloy of the three primary USDC options in use: USDC.noble, USDC.inj and USDC.eth.axl, to encourage migration to a single quote asset.
This alloy's composition will change over time as usage of included variants shifts, with removals managed by the Alloyed Asset moderator subDAO and additions managed by Osmosis governance, so the primary quote denomination is not dependent on any single issuance route.
| Parameter | From | To | Modified In | Purpose |
|---|---|---|---|---|
poolmanager pool_creation_fee | 20 USDC.noble | 20 allUSDC | [Hidden link] | Cost to create a new pool, paid to the community pool |
block-sdk reserve_fee | 0.1 USDC.noble | 0.1 allUSDC | [Hidden link] | Minimum Top of Block bid |
block-sdk min_bid_increment | 0.1 USDC.noble | 0.1 allUSDC | [Hidden link] | Minimum Top of Block bid increment |
block-sdk escrow_account_address | [Hidden link] | [Hidden link] | [Hidden link] | Receives Top of Block bid proceeds and forwards them to the community pool |
taker_fee_params.community_pool_denom_whitelist | includes USDC.noble | USDC.noble replaced by allUSDC | [Hidden link] | Accumulates allUSDC in the community pool instead of USDC.noble |
The alloy is formed to the generic standard approved in [Hidden link], "Alloyed Assets: Generic specification approval", which recognizes alloyed assets as the canonical representation of their underlying asset on Osmosis. This proposal asks governance to confirm the specific case rather than to establish new policy.
Contract: osmo147h5x9pcj7lm0cttlaefx6sqq5vdfnmwfcqxkmjd7exqm9gc7grqhr75m0
Pool: 3497
Code ID: 996 (transmuter v3.2)
Denom: factory/osmo147h5x9pcj7lm0cttlaefx6sqq5vdfnmwfcqxkmjd7exqm9gc7grqhr75m0/alloyed/allUSDC
Transmuter Admin: Osmosis governance module account
Moderator: Alloyed Asset moderator subDAO
Constituents: USDC.noble, USDC.eth.axl, USDC.inj
Alloy Normalization factor: 1
No rate limiters are currently set on this alloy.
Forum Post: [Hidden link]