nolus

Prop 280: Update Oracle Swap Tree (Osmosis AKT)

Summary

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

  • Changed Routing for AKT: We suggest updating the AKT route to leverage the direct AKT/USDC pool. This adjustment reduces swap fees 3x.
  • Delisting Currencies: OSMO, stOSMO, AXL, ATOM, stATOM, allBTC and allSOL will be delisted as deposit options when shorting AKT. If demanded by the community, some of the more liquid options might be proposed to be included again in the future.

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