nolus

Prop 303: Update Oracle Swap Tree (Osmosis Noble USDC)

Summary

This proposal seeks to optimize the Oracle swap tree for the Osmosis USDC protocol, improving the efficiency of swap routes for assets used in margin trading on the Nolus protocol. The key updates are as follows:

  • Change stOSMO Swap Route: We propose to adjust the swap route for the stOSMO long positions based on the diminishing liquidity in pool 833. The newly proposed route is the Supercharged stOSMO/OSMO (id:1252) pool, since it has much more liquidity than the stable stOSMO/OSMO pool (id: 833). This is done such that existing and future positions would be able to be processed under the most favorable conditions.

By voting "YES" on this proposal, you support enhancing the Osmosis USDC Oracle swap tree to reflect these updated routes, thereby improving performance and cost-effectiveness for margin trading on Nolus.