GIGADOT is a stablepool between aDOT and vDOT - how much their liquidity is concentrated around their peg is determined by the Amplification value. For GIGADOT launch, this was set to 22 - this proposal, if approved, will increase this value to 100.
This change will take place gradually over 19,500 blocks, starting from a future block after this referendum is enacted.
After this change is made, slippage for aDOT <> vDOT trades will be reduced SIGNIFICANTLY.
Threshold
Could we normalize adding the cons to the proposal description? I don't know enough about the dynamics of this to vote correctly but am still going to for the staking rewards.
But good ser slippage has already reduced SIGNIFICANTLY. Even improvements are now SIGNIFICANTLY improved.