# \[BIP-122\] Retire OHM/DAI/WETH Gauge & Add OHM-ETH + OHM-DAI Gauges \[Ethereum\]

**URL:** <https://forum.balancer.fi/t/bip-122-retire-ohm-dai-weth-gauge-add-ohm-eth-ohm-dai-gauges-ethereum/4052>\
**Category:** BAL Gauges\
**Created:** [November 24, 2022, 1:56pm UTC](https://forum.balancer.fi/t/bip-122-retire-ohm-dai-weth-gauge-add-ohm-eth-ohm-dai-gauges-ethereum/4052 "2022-11-24T13:56:45Z")\
**Posts on this page:** 5\
**Page:** 1

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**Author:** ![balotelli45](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/balotelli45/32/1970_2.png) [@balotelli45](https://forum.balancer.fi/u/balotelli45)\
**Post date:** [November 24, 2022, 1:56pm UTC](https://forum.balancer.fi/t/bip-122-retire-ohm-dai-weth-gauge-add-ohm-eth-ohm-dai-gauges-ethereum/4052/1 "2022-11-24T13:56:45Z")

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**Summary:**  
Enable gauges for the OHM-ETH & OHM-DAI pools.

**References/Useful links:**

```
• Website: https://www.olympusdao.finance/

```

**Protocol Description:**  
Olympus is building OHM, a community-owned, decentralized and censorship-resistant reserve currency that is asset-backed, deeply liquid and used widely across Web3.

**Motivation:**  
As part of the Olympus RBS launch, the OHM-DAI-ETH pool has been equally split into two new pools, OHM-DAI & OHM-ETH as to simplify the conduction of market operations by the Olympus Treasury under this new Range-Bound System. Since migrating the bulk its liquidity onto Balancer, the OHM pool has been one of the top pools in terms of volume generated, greatly contributing to the total revenues accruing to veBAL holders. Olympus DAO would like to explore different ways to attract additional and/or external liquidity for these two pools by enabling gauges. The gauge for the OHM-DAI-ETH pool should also be disabled as the Olympus Treasury is expecting to migrate fully out of it in the coming days.

**Specifications:**

1. OlympusDAO is currently using snapshot for Governance: [Snapshot](https://snapshot.org/#/olympusdao.eth)  
Treasury [multisig](https://docs.olympusdao.finance/main/contracts/treasury) 4 of 8: Holds Olympus Treasury assets  
DAO [multisig](https://docs.olympusdao.finance/main/contracts/dao) 4 of 8: Holds DAO funds  
Policy [multisig](https://docs.olympusdao.finance/main/contracts/policy) 3 of 5: Changes to policy (reward rate adjustments, turn on/off bond markets)

2. **Oracles:**  
No oracles used

3. **Audits:**  
[Audit Reports](https://www.olympusdao.finance/audit-reports)

4. **Centralization vectors:**  
No centralization vector

5. **Market History:**  
OlympusDAO expects these two new pools to remain one of the highest revenues drivers for the Balancer ecosystem.

[OHM-ETH](https://app.balancer.fi/#/ethereum/pool/0xd1ec5e215e8148d76f4460e4097fd3d5ae0a35580002000000000000000003d3)

[OHM-DAI](https://app.balancer.fi/#/ethereum/pool/0x76fcf0e8c7ff37a47a799fa2cd4c13cde0d981c90002000000000000000003d2)

OHM-ETH Gauge address: 0x5f2c3422a675860f0e019Ddd78C6fA681bE84bd4  
OHM-DAI Gauge address: 0x107A2209883621aFe2968da31C03190e0B2782C2

### Additional Specification

Included in this proposal is the removal of the OHM/DAI/WETH gauge.

If approved, the DAO Multisig `0x10A19e7eE7d7F8a52822f6817de8ea18204F2e4f` will interact with the `AuthorizerAdaptor` at `0x8F42aDBbA1B16EaAE3BB5754915E0D06059aDd75` and call `performAction` using `0xab8f0945` for the `data(bytes)` argument and `0x852CF729dEF9beB9De2f18c97a0ea6bf93a7dF8B` for the `target(address)` argument.

`0x852CF729dEF9beB9De2f18c97a0ea6bf93a7dF8B` corresponds to the gauge contract for OHM/DAI/WETH.

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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:** [November 24, 2022, 2:21pm UTC](https://forum.balancer.fi/t/bip-122-retire-ohm-dai-weth-gauge-add-ohm-eth-ohm-dai-gauges-ethereum/4052/2 "2022-11-24T14:21:49Z")

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updated the proposal to include gauge addresses and the specification for retiring ohm/dai/weth gauge. good to go for next week

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**Author:** ![balotelli45](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/balotelli45/32/1970_2.png) [@balotelli45](https://forum.balancer.fi/u/balotelli45)\
**Post date:** [November 28, 2022, 10:57pm UTC](https://forum.balancer.fi/t/bip-122-retire-ohm-dai-weth-gauge-add-ohm-eth-ohm-dai-gauges-ethereum/4052/3 "2022-11-28T22:57:43Z")

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Thanks, will you put it up on Snapshot ?

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<div class="post-metadata">

**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:** [November 28, 2022, 11:17pm UTC](https://forum.balancer.fi/t/bip-122-retire-ohm-dai-weth-gauge-add-ohm-eth-ohm-dai-gauges-ethereum/4052/4 "2022-11-28T23:17:13Z")

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we will on Thursday, yes

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**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 30, 2022, 6:16pm UTC](https://forum.balancer.fi/t/bip-122-retire-ohm-dai-weth-gauge-add-ohm-eth-ohm-dai-gauges-ethereum/4052/5 "2022-11-30T18:16:04Z")

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[https://snapshot.org/#/balancer.eth/proposal/0xa94c523cd286f12a1a96f797d05fe39e3fa6cc47489e8a415eca1132d1b73d5e](https://snapshot.org/#/balancer.eth/proposal/0xa94c523cd286f12a1a96f797d05fe39e3fa6cc47489e8a415eca1132d1b73d5e)