Proposal #947
Passed on 10 Jun 2025 with 94.8% of the votes for yes.
Yes
94.8%
99.5% without abstain
Veto
0.0%
of votes cast
Ended
10 Jun 2025
94.79%
of votes cast
4.73%
of votes cast
0.47%
of votes cast
0.01%
of votes cast
This proposal would add SOL.int3 as a constituent of Alloyed SOL with an initial static limit of 10%.
[Hidden link] is the canonical SOL on Osmosis, following the approval criteria in [Hidden link].
Alloyed SOL currently has around [Hidden link] and consists of SOL.wh alone.
This proposal requests the addition of [Hidden link] to the existing SOL Alloy, enabling SOL to be deposited via the Int3face bridge.
This proposal adds an initial static rate limit of 10% to bound risk to Alloyed SOL for a new variant, resulting in ~$350k exposure. This may be further expanded by governance as adoption grows and transfers occur without incident.
For a complete description of Alloyed Assets, see the [Hidden link]
Int3face are the operators of the Bi[t]fröst bridge, currently used on Osmosis as the source of [Hidden link], [Hidden link], [Hidden link] and a variant of [Hidden link].
Int3face uses a novel implementation of leaderless Threshold Signature Schemes (TSS), offering a secure and decentralized bridging mechanism between DOGE and Osmosis.
Int3face is expanding this offering to become a bridge operator for Bitcoin, Ripple, Litecoin, Bitcoin Cash, Telegram Open Network, and Solana.
Website: [Hidden link]
Forum Thread: [Hidden link]
Adds [Hidden link] - ibc/A1465DD6AF456FCD0D998869608DFEEDA4F4C11EC0A12AF92A994A3F8CBEE546 to [Hidden link] - [Hidden link] with a normalization factor of 10 due to the exponent of 9 which matches the Alloyed asset's normalization factor of 10 which is the standard for SOL. This differs from previous additions since SOL.wh has an exponent of 8 and needed to be scaled upwards to reach the standard exponent.
Static Limit of 10% to the same denom.