571

This proposal would signal approval for:

• Creation of the listed Supercharged pools as part of the V17 Software upgrade.
• Addition of the listed migration links to Classic pools.
• Enabling Superfluid Staking on these pools if already present on the linked pool
• Spending up to 10 OSMO per Superfluid pool (170 OSMO) from the community pool to form initial liquidity with a spot price established during the software upgrade.

Background

During the rollout period, the creation of Supercharged Liquidity pools is permissioned by governance as established in [Hidden link].

The creation of Migration links is also permissioned by governance and allows users to move liquidity directly from a bonded position in the established Classic pool to a bonded position in the linked Supercharged pool. This allows users to maintain Superfluid Staked full range positions with no disruption to rewards.

A migration link also transfers OSMO incentives provided to the Classic pool to the new Supercharged pool, with liquidity remaining in the Classic pool being treated as a full-range Supercharged position that receives a 5% discount on incentives to encourage migration.

With the continued stability of the [Hidden link], this proposal asks that the bulk of the migration process be carried out during the next software upgrade to minimize governance burden as well as speed up the process.

Choice of Pools

This proposal creates Supercharged pools for most natively incentivized Osmosis pools with asset exponents of less than 18, representing around 17% of Osmosis Liquidity.

The spread factors proposed on the new Supercharged pools match the ones currently in use on the incentivized Classic pools apart from that of OSMO/CMST, which is adjusted to a 0.05% spread factor from a current swap fee of 0.02%.

There are known issues with creating Supercharged pools using a base asset of exponent 18. These issues should be fixed in a future software upgrade, and this proposal omits those pools from those signaled for creation and migration.

Costs Incurred

As with [Hidden link], any pools with Superfluid enabled must have liquidity and spot price established in the Supercharged pool at the time of upgrade.

The upgrade handler will pair 1 OSMO with each required asset at a spot price within 0.1% of the spot price in the pool with the newly established Migration link at the time of upgrade using community pool funds, capped at 10 OSMO for safety reasons.

Pools to be Created

• OSMO/IST
• OSMO/CMST
• OSMO/WBTC
• OSMO/DOT
• OSMO/CRO
• OSMO/AKT
• OSMO/AXL
• OSMO/SCRT
• OSMO/STARS
• OSMO/JUNO
• OSMO/STRD
• OSMO/MARS
• OSMO/ION
• OSMO/XPRT
• OSMO/MED
• OSMO/SOMM
• OSMO/BLD
• OSMO/KAVA
• OSMO/IRIS
• OSMO/stIBCX
• OSMO/DVPN
• OSMO/BTSG
• OSMO/UMEE
• OSMO/HUAHUA
• OSMO/NCT
• OSMO/GRAV

[Hidden link]

Forum Thread: [Hidden link]