# Balancer Maxis March 2023 Update

**URL:** https://forum.balancer.fi/t/balancer-maxis-march-2023-update/4601
**Category:** Balancer Maxis
**Created:** [April 4, 2023, 3:36pm UTC](https://forum.balancer.fi/t/balancer-maxis-march-2023-update/4601 "2023-04-04T15:36:36Z")
**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: [April 4, 2023, 3:36pm UTC](https://forum.balancer.fi/t/balancer-maxis-march-2023-update/4601/1 "2023-04-04T15:36:36Z")

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During February the Maxis proposed that several pools would have their BAL incentives migrated, enabling new gauges to pools affected by “the issue”. Unfortunately, on March, 13 one of these incentivized pools from our friends at Euler had its liquidity partially drained after [the hack incident](https://forum.balancer.fi/t/euler-hack-post-mortem/4490).

Maxis, who were also members of the Emergency subDAO, quickly acted to prevent further loss of funds by having the exposed pools been put in emergency pause and recovery mode. Balancer smart contracts behaved the way they should, remaining secure and unaffected. As the exploit events unfolds with the return of funds, we hope Euler LPs can be made whole again. 🙏

The good news is that we deployed on Gnosis Chain! There was great PM effort on our end to push this through the teams and parties involved - thank you to Karpartkey, the frontend team at OpCo and friends at Balancer Labs! All eyes on the next L2s we’ll be moving forward: [Avalanche](https://forum.balancer.fi/t/bip-206-deploy-balancer-to-avalanche/4449) and [zkSync](https://forum.balancer.fi/t/bip-212-deploy-balancer-to-zksync/4482)proposed by us, and full support for [Polygon’s zkEVM](https://forum.balancer.fi/t/bip-224-balancer-on-polygon-zkevm/4539/2).

Speaking of L2s, the ARB airdrop gave uthe DAO a lot to work with, so we’ve been cooking some Arbitrum incentives proposals. Stay tuned!

Here are the bullet point updates for March. For reference, please review [[BIP-145](https://forum.balancer.fi/t/bip-145-fund-the-balancer-maxis-for-q1-2023/4208/3)] which funded the Balancer Maxis for Q1.

- Multisig Management

- Governance

- User/Project Support

- Community

- DAO Dev Work

- Record Keeping
