nolus

Prop 264: Update Oracle Swap Tree (Osmosis axlUSDC)

Summary

This proposal aims to update the Oracle swap tree for the Osmosis axlUSDC protocol to enhance swap routes for assets utilized in leasing on the Nolus protocol. The key changes proposed are as follows:

  • Temporarily Whitelist STRD: STRD was previously removed from the Osmosis axlUSDC market due to low liquidity and minimal demand for leasing. However, to facilitate the clearance of a single inactive (unopened) position, we propose temporarily reinstating STRD. Once this pending position is fully resolved, a separate proposal will be introduced to delist STRD again.

  • Delist Assets: DYM, JUNO, PICA and qATOM are to be delisted due to low liquidity and lack of positions.

By voting "YES" on this proposal, you support modifying the Osmosis axlUSDC Oracle swap tree to align with the updated swap routes, ensuring seamless lease-related transactions on the Nolus protocol.