Create Supercharged Pools: USDT pairing equivalents

Proposal Discussion
1

This proposal would create 29 new Supercharged Liquidity pools, all of which have been proposed as OSMO paired supercharged pools in previous proposals.

Background

During the rollout period, the creation of Supercharged Liquidity pools is permissioned by governance as established in Proposal 532.

Choice of Pools

The proposed pools are all pools that have been proposed as OSMO supercharged pools with some exceptions:

ETH, can currently only be a Quote asset due to the 18 exponent issue, and Stablecoins should be used as Quote where possible.

WBTC, which will have a native deployment proposed soon which will be proposed as the Canonical version of WBTC.

DOT, which has Composable listing soon which will be proposed as the Canonical version of DOT.

CMST, due to the uncertainty around the recent Harbor exploit impact.

Pools are created with 0.2% spread factor, and 0.05% spread factor alternatives for larger (Major or >$1m TVL) pools.

List of Pools to be created

DAI/USDT 0.05%

DAI/USDT 0.01%

IST/USDT 0.05%

IST/USDT 0.01%

CRO/USDT 0.2%

CRO/USDT 0.05%

AKT/USDT 0.2%

AKT/USDT 0.05%

AXL/USDT 0.2%

AXL/USDT 0.05%

SCRT/USDT 0.2%

STARS/USDT 0.2%

JUNO/USDT 0.2%

STRD/USDT 0.2%

MARS/USDT 0.2%

ION/USDT 0.2%

XPRT/USDT 0.2%

MED/USDT 0.2%

SOMM/USDT 0.2%

BLD/USDT 0.2%

KAVA/USDT 0.2%

IRIS/USDT 0.2%

DVPN/USDT 0.2%

BTSG/USDT 0.2%

UMEE/USDT 0.2%

stIBCX/USDT 0.2%

HUAHUA/USDT 0.2%

NCT/USDT 0.2%

GRAV/USDT 0.2%

Target on-chain date: 11th September 2023

2

I think the rest of the selection is chosen because they are currently also pools which are part of the incentive program?

Good job btw with the exceptions; I like the fact that it has been taken into account that (more) native variants will become available and are not created yet to avoid double work.

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3

Yes, all of these were in 531 as Supercharged OSMO pools or the DAI that we launched with.

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