nolus

Prop 304: 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 NIL Pool: We propose to adjust the swap route for the NIL long positions based on the low liquidity in pool 2854. The newly proposed route is the Supercharged NIL/USDC (id:3090) pool, since it has much more liquidity than currently used pool and also has a much lower fee. 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.