cosmos

🛰️TRANSMUTER POOLS DEPLOYED

Big day for all astronauts! After a successful governance vote, (ARC-117) the first transmuter pool was spotted on Astroport’s Neutron deployment! 

https://neutron.astroport.fi/pools

Liquidity for the cosmos @ app.astroport.fi

To improve the user experience on Astroport, ARC-117 introduced a new “transmuter” pool type designed to allow trades between Axelar and Noble USDC of any size to be executed at a 1:1 ratio without incurring fees or slippage. 


Additionally, ARC-117 updated the factory contract to accommodate permissioned pool types, with the transmuter pool being the first of such types.



Today the first transmuter pool on Neutron went live. Convert Axelar USDC to Noble USDC now on https://neutron.astroport.fi and learn more details in the Astroport Forum:

https://forum.astroport.fi/t/arc-117-deploy-transmuter-pool/1466


ARC-117: Deploy transmuter pool

The greater Cosmos ecosystem is moving towards native USDC issued by Noble instead of USDC bridged via Axelar. 

Currently, there's still around $200k of liquidity in the Axelar USDC-DYDX pool.  Astropepe is wondering how long that will remain the case!
