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 GDT 0xc67B12049c2D0CF6e476BC64c7F82fc6C63cFFc5
ADD NFTFY 0xBf6Ff49FfD3d104302Ef0AB0F10f5a84324c091c
ADD OIL 0x0275E1001e293C46CFe158B3702AADe0B99f88a5
ADD sAMZN 0x9CF7E61853ea30A41b02169391b393B901eac457
ADD sFB 0xf50B5e535F62a56A9BD2d8e2434204E726c027Fa
ADD sGOOG 0xC63B8ECCE56aB9C46184eC6aB85e4771fEa4c8AD
ADD sNFLX 0x5A7E3c07604EB515C16b36cd51906a65f021F609
The proposed changes will go into effect at 00:00 UTC on Monday, May 10. 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.
There are no new price pegs introduced this week.
Omissions
Some requested tokens were omitted this week.
The following token does not return a boolean on transfer(), which is a violation of Whitelist Criterion #2: The token must conform to the ERC-20 interface described in EIP-20. Namely, the functions transfer(), transferFrom(), and approve() must return booleans.
OMIT XYO 0x55296f69f40Ea6d20E478533C15A6B08B654E758 Bad transfer