initia

Prop 52: Increase Echelon’s Minitswap Pool Size and Recover Velocity Parameter

  • Projects: Only Echelon’s Minitswap pool parameters.

    1. TL;DR

    This proposal asks to increase the Pool Size parameter for Echelon’s Minitswap pool pair in order to facilitate tighter spreads on INIT instant exits from Echelon’s L2 chain. In the case of liquidations, this change to the pool size parameter will support smoother liquidations given the ~6 million INIT provided in the lending markets.

    2. Proposal Details

    Parameter Value Example Description
    Pool Size 1,000,000 INIT 100000000000 If set to 100, the pool starts with a virtual balance of 100 INIT and 100 ibcOpInit, used in swap pricing logic (not actual liquidity).
    Recover Velocity 500,000 INIT / day 1,000,000 See docs for more information.

    Governance Votes

    • YES – You support whitelisting or updating the Minitswap pool with the parameters provided.
    • NO – You do not support the proposed change.
    • NO WITH VETO – You believe the proposal is harmful, spam, or violates governance principles.
    • ABSTAIN – You choose not to take a position but want your vote counted toward quorum.