Update configurations of cbBTC<>WBTC DEX and old INST<>ETH Pools
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.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0xa761...834324 | 1.51M | FOR |
0xAa72...c44931 | 1.191M | FOR |
0xA45f...8cea01 | 1M | FOR |
0xd99a...e5fFd1 | 250,000 | FOR |
0x71f9...3Fd331 | 200,000 | FOR |
VOTE POWER
Proposal Status
- Sat December 07 2024, 12:11 amVoting Period Starts
- Mon December 09 2024, 12:27 amEnd Voting Period
- Mon December 09 2024, 01:05 amQueue Proposal
- Tue December 10 2024, 02:34 pmExecute Proposal
Current Results
1-FOR
4.153M
2-AGAINST
N/A Tokens
3-ABSTAIN
N/A Tokens
