Instadapp

Summary

This proposal aims to updates the minimum and maximum center price of cbBTC<>WBTC DEX pool along with reducing the limits for the old INST<>ETH DEX pool.

Code Changes

Reduce old INST<>ETH DEX limits on Liquidity Layer

• DEX Pool 10
  INST<>ETH: 0x8710039d5de6840ede452a85672b32270a709ae2
  • Withdrawal Base Limit in USD: $100

Update the configuration of cbBTC<>WBTC DEX Pool

• Minimum center price: 0.997
• Maximum center price: 1.0030090270812437

Description

The above proposal helps update the minimum and maximum center price configurations for cbBTC<>WBTC Pool to the values as mentioned above and limits the withdrawal limit of old INST<>ETH DEX Pool.

Conclusion

This proposal readjusts the minimum and maximum center price for the cbBTC<>WBTC DEX to help sync with the market conditions. The reduction of the old INST<>ETH vault limits helps limit the pool’s usage.