# \[BIP-201\] Enable bb-ag-USD Gauge \[Gnosis\] **URL:** \ **Category:** BAL Gauges\ **Created:** [February 23, 2023, 8:02pm UTC](https://forum.balancer.fi/t/bip-201-enable-bb-ag-usd-gauge-gnosis/4441 "2023-02-23T20:02:53Z")\ **Posts on this page:** 2\ **Page:** 1
**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:** [February 23, 2023, 8:02pm UTC](https://forum.balancer.fi/t/bip-201-enable-bb-ag-usd-gauge-gnosis/4441/1 "2023-02-23T20:02:53Z")
[PR with multisig payload](https://github.com/BalancerMaxis/multisig-ops/pull/84) **Summary:** > This pool uses the [ComposableStablePoolFactory-v3](https://gnosisscan.io/address/0xC128468b7Ce63eA702C1f104D55A2566b13D3ABD#code) and is composed of three [Agave Finance](https://agave.finance/) linear pools. The underlying tokens are USDC, USDT, and DAI. These will each be wrapped through Agave’s lending market to earn LPs additional yield. 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. The gauge can be uncapped based on the contents being all large cap stable tokens. Agave is a fork of Aave and native to the Gnosis chain making it the logical choice for boosted rewards for Balancer LPs to access on the new network. > > bb-ag-USDT represents boosted USDT, and bb-ag-DAI represents boosted DAI. **References/Useful links:** > 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) **Protocol Description:** > Agave, as stated, is a direct fork of Aave’s money market, this encompasses both a lending and borrowing side for users. Agave was built by 1Hive to bring Defi to what is now Gnosis Chain for lower fees to participate overall. USDC is the dollar backed stablecoin issued by Circle. DAI is the decentralized overcollateralized stablecoin by MakerDAO. USDT is the dollar backed stablecoin issued by Tether. **Motivation:** > This Agave boosted USD pool will form the cornerstone of our USD stable liquidity on Gnosis Chain. The boosted APR yield to this pool that will persist for users organically and kickstart a flywheel for incentives to drive liquidity depth on Gnosis Chain. By expanding to a new chain, getting boosted pools off the ground first thing sets a precedent for net positive growth for Balancer and LPs on the network. **Specifications:** 1. **Governance:** Find more information about MakerDAO governance [here](https://forum.makerdao.com/). USDC and USDT are centralized and don’t have governance. Agave’s forum can be seen [here](https://commonwealth.im/agave/discussions). 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://security.makerdao.com/audit-reports). 4. **Centralization vectors:** There are centralization risks with USDC, DAI, and USDT, though the market has clearly accepted those as minor for now. 5. **Market History:** See [here](https://www.coingecko.com/en/coins/agave-token). 6. **Value:** We will earn the protocol fee on bb-ag-USD yield, plus trading fees. BIP-19 will incentivize TVL to continue to grow here with trading volume and this implementation will continue to draw in new volume, as well as showcase the power of these pool types. Link to pool: [0xFEdb19Ec000d38d92Af4B21436870F115db22725](https://gnosisscan.io/address/0xfedb19ec000d38d92af4b21436870f115db22725) Link to gauge: [0x25D6F29429bccCc129d1A3e2a5642C8B929BCC07](https://etherscan.io/address/0x25D6F29429bccCc129d1A3e2a5642C8B929BCC07#readContract) ### Specification The DAO Multisig `0x10A19e7eE7d7F8a52822f6817de8ea18204F2e4f` will interact with the AuthorizerAdaptor at `0x8F42aDBbA1B16EaAE3BB5754915E0D06059aDd75` and call performAction with the GaugeController at `0xC128468b7Ce63eA702C1f104D55A2566b13D3ABD` for the target(address) argument and using 0x3a04f900 followed by the gauge address `0x25D6F29429bccCc129d1A3e2a5642C8B929BCC07` and the corresponding gauge type for the data(bytes) argument. data(bytes) : `0x3a04f90000000000000000000000000025d6f29429bcccc129d1a3e2a5642c8b929bcc070000000000000000000000000000000000000000000000000000000000000002` ---
**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:** [February 23, 2023, 8:33pm UTC](https://forum.balancer.fi/t/bip-201-enable-bb-ag-usd-gauge-gnosis/4441/2 "2023-02-23T20:33:06Z")
[https://snapshot.org/#/balancer.eth/proposal/0xae3256584573e72743ce594f0ee380e613491a457e7d6ff5a7639dcd43fa87d8](https://snapshot.org/#/balancer.eth/proposal/0xae3256584573e72743ce594f0ee380e613491a457e7d6ff5a7639dcd43fa87d8)