# Balancer Maxis September 2022 Update

**URL:** <https://forum.balancer.fi/t/balancer-maxis-september-2022-update/3746>\
**Category:** Balancer Maxis\
**Created:** [September 19, 2022, 7:04pm UTC](https://forum.balancer.fi/t/balancer-maxis-september-2022-update/3746 "2022-09-19T19:04:46Z")\
**Posts on this page:** 1\
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**Author:** ![solarcurve](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/solarcurve/32/1487_2.png) [@solarcurve](https://forum.balancer.fi/u/solarcurve)\
**Post date:** [September 19, 2022, 7:04pm UTC](https://forum.balancer.fi/t/balancer-maxis-september-2022-update/3746/1 "2022-09-19T19:04:46Z")

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September saw the introduction of the Gauge Framework v1 which was an initiative led by the Maxis in order to further align the interests of the protocol with voters and ensure emissions are primarily directed to pools capable of generating protocol revenue. This transition represented a significant logistical challenge from ensuring the transactions were correct, front-end implementation, partner communication, etc. Not to mention that the new composable stable and weighted pool factories were also released this month which created additional work to get those operational. Special thank you to Gareth and the UI team plus Markus, Nico, and all of the engineers at Balancer Labs for their tireless work on all of this.

Balancer is in a strong position to capitalize on the yield bearing liquidity narrative as we head into Q4 now that we finally have the underlying infrastructure in place. The Maxis plan to encourage adoption of wstETH, rETH, and similar yield bearing tokens both through introduction of new core pool gauges bootstrapped by Balancer and also helping other projects understand the benefits of pairing their token against staked ETH.

With that, here are the bullet point updates for September. For reference, please review [BIP-18](https://forum.balancer.fi/t/bip-18-fund-the-balancer-maxis-for-q3/3279) which funded the Balancer Maxis for Q3.

- _Multisig Management_

- _Governance_

- _User/Project Support_

- _Community_

- _DAO Dev Work_

- _Record Keeping_

_We will present these updates in the monthly community town hall in discord on September 21st at 1pm EST_

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_[View the full topic](https://forum.balancer.fi/t/balancer-maxis-september-2022-update/3746)._
