# Balancer Maxis July 2023 Update

**URL:** https://forum.balancer.fi/t/balancer-maxis-july-2023-update/5081
**Category:** Balancer Maxis
**Created:** [August 10, 2023, 1:56pm UTC](https://forum.balancer.fi/t/balancer-maxis-july-2023-update/5081 "2023-08-10T13:56:30Z")
**Posts on this page:** 1
**Page:** 1

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### Author: ![0xDanko](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/0xdanko/32/1376_2.png) [@0xDanko](https://forum.balancer.fi/u/0xDanko)
#### Post date: [August 10, 2023, 1:56pm UTC](https://forum.balancer.fi/t/balancer-maxis-july-2023-update/5081/1 "2023-08-10T13:56:30Z")

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Here we are: the migration quest continues!

Due to a recent bug ([here](https://twitter.com/Balancer/status/1672635756005957633)), the Maxis pushed for another migration of pools & gauges as the new Composable Stable Pool factory came out. Unfortunately, we lost some momentum again, but with the recent L2 deployments, we are still pretty excited about the road ahead.

Recently deployed zkEVM is alive and well, although there are still issues with the chain being resolved, we climbed 10x its TVL from 480k to 4.6M during July. With some Polygon incentives in place for pools with yield bearing tokens, the BIP-19 flywheel is doing its job and ramping up growth.

On Arbitrum, the allocation of the DAO’s granted ARB tokens has started. See more the programming on the [spreadsheet](https://docs.google.com/spreadsheets/d/14yur5SIRYZSr2Wsu7jxIOcjd3B7IMBK482aX-FUS198/edit?usp=sharing) and info in [[BIP-322]](https://forum.balancer.fi/t/bip-322-allocate-balancers-3m-arb/4850).

August kicks off with an Avalanche! Our strategy is mostly the same, incentivizing Avax LSTs and boosted pools until it can spin up as its own. We are confident that Avalanche will be a great success on Balancer, and we can already say being on Base since day one also brought us great benefits. Again, we thank the teams engaged in these deployments!

Here are the bullet point updates for July. For reference, please review [[BIP-347]](https://forum.balancer.fi/t/bip-347-fund-balancer-maxis-for-q3-2023/4891) which funded the Balancer Maxis for Q2/2023.

- Multisig Management

- Governance

- User/Project Support

- Community

- DAO Dev Work

- Record Keeping