BAL Whitelist Modifications for Week 49

On behalf of the Balancer community, I’d like to propose the following modifications to the token whitelist used for BAL governance token distribution. All new tokens will be placed at cap1 ($1M) as described in the updated whitelist proposal. At any time, community members may propose on the forum to increase a token’s cap to the next tier.

As a reminder, these whitelist proposals are pre-approved on objective technical criteria, so they are not subject to community vote. To suggest a token for inclusion in one of these proposals, please use the #token-requests channel in the Balancer Discord. Requested tokens will be vetted in a single batch each Friday, to take effect the following Monday. The official instructions and listing criteria can be found here.

For reference, the active whitelist can be found here. Note that the additions suggested within this proposal are unlikely to appear on the official list until a few days after publication. Also see the original motivation for creating the whitelist.

Proposed Modifications

I would like to propose adding the following new tokens to the whitelist:

ADD		ARES		0x358AA737e033F34df7c54306960a38d09AaBd523
ADD		oneBTC		0xC88F47067dB2E25851317A2FDaE73a22c0777c37
ADD		oneETH		0xEc0d77a58528a218cBf41Fa6E1585c8D7A085868
ADD		oneLINK		0x18Cc17a1EeD37C02A77B0B96b7890C7730E2a2CF
ADD		oneWING		0x8F041A3940a5e6FB580075C3774E15FcFA0E1618
ADD		oneVBTC		0x7BD198b9107496fD5cC3d7655AF52f43a8eDBc4C
ADD		vVSP		0xbA4cFE5741b357FA371b506e5db0774aBFeCf8Fc

The proposed changes will go into effect at 00:00 UTC on Monday, May 3. Whitelisted tokens will not be added to the Balancer exchange UI; the core team adds tokens to the official exchange UI at their own discretion and considers a variety of factors. Tokens can always be traded using contract addresses in place of symbols, and anyone is free to fork the open source exchange UI to add more symbols.

Resulting Soft/Hard Pegs

The following price pegs will be added to the BAL mining scripts in response to the whitelist changes. At time of writing, soft pegs receive a wrapFactor of 0.2 and hard pegs receive a wrapFactor of 0.1. For reference, please see the wrapFactor proposal.

SOFT	oneBTC	<->	USD group
SOFT	oneETH	<->	USD group
SOFT	oneLINK	<->	USD group
SOFT	oneWING	<->	USD group
SOFT	oneVBTC	<->	USD group


No requested tokens were omitted this week.