Summary
This proposal seeks to optimize the Oracle swap tree for the Osmosis axlUSDC protocol, improving the efficiency of swap routes for assets used in margin trading on the Nolus protocol. The key updates are as follows:
- Temporarily Whitelist STRD: STRD was previously removed from the Osmosis axlUSDC market due to low liquidity and minimal demand for margin longing. However, to facilitate the clearance of a single inactive (unopened) position, we propose temporarily reinstating STRD. Once this pending position is fully resolved, a separate proposal will be introduced to delist STRD again.
- Delist Assets: There are no JKL, INJ, stOSMO, TIA and milkTIA active positions and the liquidity in the Osmosis pools is not deep enough to justify supporting those assets in the Oracle for this market.
By voting "YES" on this proposal, you support enhancing the Osmosis axlUSDC Oracle swap trees to reflect these updated routes, thereby improving performance and cost-effectiveness for margin trading on Nolus. Note: these markets have been deprecated for opening positions via the UI for quite some time now. Long positions are being opened via the USDC Noble market.