Prop 91: Update Oracle Swap Tree (Osmosis Noble USDC)

Proposal Summary

This proposal seeks to optimize the Oracle swap tree for the Osmosis Noble USDC protocol by updating the swap paths to utilize pools with higher liquidity and more favorable fees. This adjustment is aimed at enhancing the efficiency and cost-effectiveness of transactions facilitated by the Nolus Protocol on the Osmosis platform for the Noble USDC protocol. Below is a detailed breakdown of the proposed changes to the swap paths, highlighting the shift from previously utilized pools to new ones with greater liquidity and lower fees:

• Update to Pool #1263 (OSMO/USDC): We propose to shift to the Supercharged Pool #1263 with 1.93M USD in liquidity, moving away from the less liquid #1133 OSMO/USDC.axl (1.75M USD) and #1223 USDC.axl/USDC (1.06M USD) pools. This move is intended to streamline transactions by using a direct path with higher liquidity.

• SShift to Pool #1283 (stATOM/ATOM): The new Supercharged Pool #1283, boasting 10M USD in liquidity and a lower 0.05% swap fee, is favored over the previous #1136 stATOM/ATOM pool (8.77M USD with a 0.2% fee). This adjustment significantly reduces swap fees for transactions.

• Transition to Pool #1251 (ATOM/USDC): Instead of utilizing the #1135 OSMO/ATOM (9.8M USD) and the aforementioned #1263 OSMO/USDC (1.93M USD), we propose using the Supercharged Pool #1251 ATOM/USDC, which has 3.3M USD in liquidity. This change is aimed at optimizing the swap efficiency between ATOM and USDC.

• Upgrade to Pool #1095 (SCRT/OSMO): We suggest replacing the previously used #584 SCRT/OSMO pool (550k USD) with the Supercharged Pool #1095, which has a higher liquidity of 860k USD. This move is intended to improve transaction fluidity and reduce slippage.

By voting "YES" on this proposal, you express your support for these strategic adjustments to the Oracle swap tree, thereby allowing the Nolus Protocol to leverage the specified paths for facilitating transactions relevant to the Noble USDC protocol on Osmosis.