BAL Whitelist - Round 27

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 at the end of each week. 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		1INCH			0x111111111117dC0aa78b770fA6A738034120C302
    ADD		YD-BTC-MAR21	0x002f0B1A71C5730CF2F4dA1970A889207BdB6D0D
    ADD		YD-ETH-MAR21	0x90f802C7E8fb5D40B0De583e34C065A3bd2020D8
    ADD		YLD				0xDcB01cc464238396E213a6fDd933E36796eAfF9f

The proposed changes will go into effect at 00:00 UTC on Monday, December 28. Pools containing newly whitelisted tokens will begin to accrue $BAL rewards beginning at 00:00 UTC on Monday; but they may not appear on the Balancer pools UI with symbol/logo until a bit later in the week, most likely Tuesday or Wednesday. Please be patient. Furthermore, 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	YD-BTC-MAR21 <-> USD group
    SOFT	YD-ETH-MAR21 <-> USD group


Some requested tokens were omitted this week.

The following token lacks a price feed via the CoinGecko API, which is a violation of Whitelist Criterion #7: The token must have a price feed accessible via CoinGecko’s API. This is instrumental to calculating a pool’s eligibility for BAL rewards.

    NO PRICE FEED	UST		0xa47c8bf37f92aBed4A126BDA807A7b7498661acD