# \[BIP-105\] Enable STG/bb-a-USD Gauge \[Ethereum\]

**URL:** https://forum.balancer.fi/t/bip-105-enable-stg-bb-a-usd-gauge-ethereum/3905
**Category:** BAL Gauges
**Created:** [October 28, 2022, 2:10am UTC](https://forum.balancer.fi/t/bip-105-enable-stg-bb-a-usd-gauge-ethereum/3905 "2022-10-28T02:10:48Z")
**Posts on this page:** 2
**Page:** 1

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### Author: ![ZenDragon](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/zendragon/32/1542_2.png) [@ZenDragon](https://forum.balancer.fi/u/ZenDragon)
#### Post date: [October 28, 2022, 2:10am UTC](https://forum.balancer.fi/t/bip-105-enable-stg-bb-a-usd-gauge-ethereum/3905/1 "2022-10-28T02:10:48Z")

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**Summary:**

> This pool uses the new weighted pool factory and contains a boosted / linear stable pool token bb-a-USD - Balancer’s AAVE boosted stable pool token. Stargate has been moving liquidity over to Balancer and plans to continue pursuing making Balancer their liquidity hub. STG is a governance token which must be staked to apply to Stargate’s governance in a vote escrowed fashion. Stargate focuses on cross-chain / omnibridge solutions. The protocol will be earning yield on the boosted portion of this pool, making the token pairing more efficient for both parties. This gauge would enter as a “core pool” under BIP-19, meaning protocol fees earned by this pool would be used to bribe for votes on it.

**References/Useful links:**

> USDC: Link to:  
> • [Website](https://www.circle.com/en/usdc)  
> • [Documentation](https://developers.circle.com/docs/what-is-usdc)  
> • [Github Page](https://github.com/centrehq/centre-tokens)  
> • [Communities](https://www.coingecko.com/en/coins/usd-coin) - Coingecko link  
> Stargate (STG) Link to:  
> • [Website](https://stargate.finance/)  
> • [Documentation](https://stargateprotocol.gitbook.io/stargate/)  
> • [Github Page](https://github.com/stargate-protocol/stargate)  
> • [Communities](https://t.me/+LEM0ELklmO1kODdh) - Telegram link

**Protocol Description:**

> bb-a-USD is a Balancer’s primary stable coin liquidity on mainnet, leveraging AAVE’s boosted strategy. STG is the Stargate governance token.

**Motivation:**

> Balancer is pushing for multichain dominance across the Defi landscape and Stargate facilitates this type of initiative. This pool is will support STG holders in providing a healthy destination for their governance tokens and bb-a-USD to benefit LPs, traders, and Balancer overall. This tightens the partnership with Stargate while providing optimized liquidity circumstances for all parties.

**Specifications:**

1. **Governance:** Find more information about governance on Stargates’s [forum](https://commonwealth.im/stargatetoken/discussions). USDC is centralized and does not have a governance forum.
2. **Oracles:** This pool only relies on the rate providers of the linear pools to inform when yield is earned.
3. **Audits:** See [here](https://stargateprotocol.gitbook.io/stargate/audits)
4. **Centralization vectors:** USDC is inherently centralized, STG can be justified [here](https://stargateprotocol.gitbook.io/stargate/v/user-docs/governance/governance-model).
5. **Market History:** See [here](https://www.coingecko.com/en/coins/stargate-finance).
6. **Value:** Balancer will earn the protocol fee on underlying bb-a-USD yield. The BIP-19 flywheel will incentivize TVL to continue to grow here with trading volume and Stargate will continue to build a aligned market capture strategy through Balancer on multiple chains.

Link to pool: [0x4ce0BD7deBf13434d3ae127430e9BD4291bfB61f](https://app.balancer.fi/#/pool/0x4ce0bd7debf13434d3ae127430e9bd4291bfb61f00020000000000000000038b)  
Link to gauge: [0x9703C0144e8b68280b97d9e30aC6f979Dd6A38d7](https://etherscan.io/address/0x9703C0144e8b68280b97d9e30aC6f979Dd6A38d7#code)

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<div class="post-metadata">

### Author: ![Xeonus](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/xeonus/32/3621_2.png) [@Xeonus](https://forum.balancer.fi/u/Xeonus)
#### Post date: [November 3, 2022, 2:18pm UTC](https://forum.balancer.fi/t/bip-105-enable-stg-bb-a-usd-gauge-ethereum/3905/2 "2022-11-03T14:18:44Z")

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Vote has been posted: [https://snapshot.org/#/balancer.eth/proposal/0x7b391d59d14cd34251382c1982d18564499b3e17f47ed993a1bd3188981a243c](https://snapshot.org/#/balancer.eth/proposal/0x7b391d59d14cd34251382c1982d18564499b3e17f47ed993a1bd3188981a243c)
