nolus

Prop 325: Update Oracle Swap Trees (Long Markets and allBTC Short)

Summary

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

  • Update allBTC and allSOL Routes: We recommend adjusting the swap path for the alloyed BTC long and short markets to leverage the significantly deeper liquidity in the allBTC/USDC 1943 pool (820k USD) compared to the currently used allBTC/USDC 1942 pool (320k USD). For allSOL the change is to the slighly more liquid but direct route to USDC (pool 3117).
  • Delist TIA, stTIA, milkTIA, XION, NIL and stOSMO on Osmosis: We propose removing TIA, stTIA, milkTIA, XION, NIL and stOSMO from the Osmosis long market due to the absence of open positions and insufficient liquidity to adequately serve protocol requirements.

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