Proposal #952
Passed on 06 Jul 2025 with 87.0% of the votes for yes.
Yes
87.0%
99.5% without abstain
Veto
0.0%
of votes cast
Ended
06 Jul 2025
86.98%
of votes cast
12.63%
of votes cast
0.39%
of votes cast
0.01%
of votes cast
This proposal would change the token that non-Quote assets are swapped to on Osmosis from USDC to Alloyed BTC.
Osmosis currently sends 55% of non-OSMO tokens collected via Taker fees to the community pool.
These are sent directly if they are an existing Quote asset and swapped to a denom set by governance if not.
This denom is currently set to USDC via Noble. This proposal asks that it be adjusted to alloyed BTC to increase the community pool’s regular accumulation of BTC. This should reduce the requirement for rebalancing proposals such as [Hidden link], and potentially replace the monthly purchases of BTC after upcoming taker fee adjustment proposals and v30.
Subspace: poolmanager
Parameter:CommunityPoolDenomToSwapNonWhitelistedAssetsTo
Current setting: ibc/498A0751C798A0D9A389AA3691123DADA57DAA4FE165D5C75894505B876BA6E4
New Setting: factory/osmo1z6r6qdknhgsc0zeracktgpcxf43j6sekq07nw8sxduc9lg0qjjlqfu25e3/alloyed/allBTC
Forum Thread: [Hidden link]