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Proposal #966

Alloyed BTC: Partial Reversion of Static Cap reduction for WBTC

PassedExecute Contract

Passed on 13 Aug 2025 with 97.5% of the votes for yes.

Yes

97.5%

100.0% without abstain

Veto

0.0%

of votes cast

Ended

13 Aug 2025

The ballotvotes cast · final tally
Yes

97.53%

of votes cast

Abstain

2.44%

of votes cast

No

0.02%

of votes cast

Veto

0.00%

of votes cast

This proposal partially reverts the lowered static limits of WBTC from [Hidden link] to implement them over a longer timeframe.

Proposed Adjustment

Proposal 963 reduced the caps on WBTC variants within the Alloy to a total of 95%. This adjustment is impacting routing through the alloy for longer than expected. Reducing the caps on alloys below the current composition should be done in a more incremental manner to ensure that routing remains functional for all pathways.

This proposal increases the static caps for:

WBTC, from the newly implemented 45% to 50% (Current usage of 44%)

WBTC.eth.axl, from the newly reduced 40% (from 75%) to 50% (Current usage of 51.5%)

Forum Post: [Hidden link]

Timeline

  1. Submitted08 Aug 2025
  2. Voting started08 Aug 2025
  3. Voting ended13 Aug 2025
  4. Deposit deadline22 Aug 2025

Proposer

Address
osmo19w2…3hfq0r
Deposit6.0K

Rules

Not recorded for this proposal.