Proposal #575
Passed on 05 Aug 2023 with 94.6% of the votes for yes.
Yes
94.6%
100.0% without abstain
Veto
0.0%
of votes cast
Ended
05 Aug 2023
94.60%
of votes cast
5.38%
of votes cast
0.02%
of votes cast
0.00%
of votes cast
This proposal would enable the creation of Supercharged Liquidity pools using USDT as a quote asset.
Quote assets restrict the combinations of pairings possible in Supercharged Liquidity pools to improve routing. as mentioned in [Hidden link].
Quote assets in use at launch are OSMO, ATOM, USDC, and DAI. This proposal would add IBC native USDT, via Kava, as another quote asset for Supercharged pools, allowing Supercharged pools to be created paired with USDT.
Launched in 2014, Tether was the first stablecoin issued and remains the most prevalent stablecoin in use across the crypto ecosystem.
USDT is now available natively on IBC chains via Tether’s contract deployment on Kava.
Forum Thread: [Hidden link]