Proposal #804
Passed on 10 Jul 2024 with 96.6% of the votes for yes.
Yes
96.6%
100.0% without abstain
Veto
0.0%
of votes cast
Ended
10 Jul 2024
96.61%
of votes cast
3.37%
of votes cast
0.01%
of votes cast
0.00%
of votes cast
This proposal would Upload Orderbook V2 via a Cosmwasm pool approval proposal to replace the original Orderbook upload performed in Proposal [Hidden link].
These pools allow limit orders to be placed at arbitrary price points while being compatible with all other deployments of liquidity on Osmosis.
Orderbooks enable users to place orders at specific prices, ensuring priority execution at the desired price without depending on the availability of prior liquidity in pools. They also empower market makers to offer narrower spreads compared to the fixed spreads enforced by concentrated liquidity, where the swap fee acts as a minimum spread for the pool. The reduced spread also allows more competitive prices for highly correlated pairs, such as pairs of asset variants or stablecoins.
Commit: 47bb3d60506e49f7c11504cb759b96a7d23f84ae
Compiler Version: optimizer-arm64:0.16.0
Checksum: f131608e6a394543a5d2556fdb4ea48e047c3b6d02b925cb51500fd965f78c26
Code repository: [Hidden link]
Forum Thread:[Hidden link]