Prop 575: Enable the Creation of USDT Supercharged Pools

This proposal would enable the creation of Supercharged Liquidity pools using USDT as a quote asset.

Background

Quote assets restrict the combinations of pairings possible in Supercharged Liquidity pools to improve routing. as mentioned in Proposal 532.

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.

About 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: https://community.osmosis.zone/t/enable-the-creation-of-usdt-supercharged-pools/86