Prop 966: Alloyed BTC: Partial Reversion of Static Cap reduction for WBTC

This proposal partially reverts the lowered static limits of WBTC from Proposal 963 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: https://forum.osmosis.zone/t/alloyed-btc-adjust-static-caps-for-wbtc-variants/3818/5