Prop 314: Close Inactive Market (Neutron axlUSDC)

Summary

This proposal concerns the closure of the Neutron axlUSDC long market, which has been deprecated from the UI ever since the launch of native USDC on Nolus and is no longer serving user demand within the Nolus money market. The closure process is structured to ensure the safe return of user funds and to streamline the protocol by retiring underutilized components.

The action will proceed in two steps: 1. Automatic Return of Deposits: The existing deposits, currently amounting to roughly 1.53k axlUSDC, will be automatically distributed back to the corresponding lenders. This guarantees that all users are made whole and that no funds remain in the lending pool. 2. Market Closure: Following the distribution of funds, the Neutron axlUSDC long market will be fully closed. Users will no longer be able to deposit into the lending pool or open margin long positions there.

This measure eliminates maintenance overhead for an inactive market and prepares the protocol for focusing resources on active and strategically valuable markets.

By voting "YES" on this proposal, you consent to the automatic distribution of remaining Neutron axlUSDC deposits to lenders and the full closure of this long market as a follow-up action.