# Balancer Maxis June 2023 Update

**URL:** <https://forum.balancer.fi/t/balancer-maxis-june-2023-update/4956>\
**Category:** Balancer Maxis\
**Created:** [July 9, 2023, 6:41pm UTC](https://forum.balancer.fi/t/balancer-maxis-june-2023-update/4956 "2023-07-09T18:41:21Z")\
**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:** [July 9, 2023, 6:41pm UTC](https://forum.balancer.fi/t/balancer-maxis-june-2023-update/4956/1 "2023-07-09T18:41:21Z")

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Dear Balancer Community,

As we moved towards the end of Q2, the Emergency subDAO got news of a possible bug related to protocol fee collection and put all Composable Stable Pools in recovery mode. We are looking closely as the situation develops, most likely planning a new migration for new pool factories in the following weeks. That halted a few of our plans, like the ARB incentives, so more on that soon.

zkEVM is live and incentives are printing! Coinbase and Avalanche on our sights, and soon to follow. Thank you to all teams engaged in these deployments and pushing it through the finish line.

On other news, community development is being handed to BeethovenX, specially regarding our marketing efforts. We had a good run with the Ballers in Coordinape, but it’s time a more qualified team took over (and Beets bros have been killing it).

Our latest proposal came with changes in compensation. We envisioned a future where Maxis can be full-time Balancer contributors, having salaries under fair market rate for professionals with our skill set and deliverables. While we still try to set standards for other DAO contributors to follow that we see appropriate, we are also making sure we retain talents within the ecosystem in a decentralized and transparent framework.

Here are the bullet point updates for June. For reference, please review [[BIP-230]](https://forum.balancer.fi/t/bip-230-fund-the-balancer-maxis-for-q2-2023/4562) which funded the Balancer Maxis for Q2/2023.

- Multisig Management

- Governance

- User/Project Support

- Community

- DAO Dev Work

- Record Keeping
