VMs have already TRIM enabled by default, but dom0 doesn't. There are some security implications (read for example [this article](http://asalor.blogspot.com/2011/08/trim-dm-crypt-problems.html)), but IMO not very serious.
6. Add "discard" option to `/etc/fstab` for root device
7. Reboot the system, verify that allow-discards is really enabled (`dmsetup table`)
There is a [bug affecting allow-discards option](https://bugzilla.redhat.com/show_bug.cgi?id=890533), once it will be fixed, first two steps will be no longer needed.