That’s the point of the relayer, we’ve made it super simple to interact with the pools directly from Gnosis Safe, see the Interactions section here:
Payload with PR
Background
We have been researching & developing TWAMMs built on top of Balancer as a custom pool. Balancer grants DAO has been extremely supportive of our endeavor and we’re excited to launch next month. You can learn more about the project here:
Motivation
TWAMMs and Balancer pools in general are complicated to interact with in absence of a UX. We are building a dedicated relayer that abstracts the complexity from the end-user and provides safety in terms of slippage pro…
Here’s how a user would start a long-term swap for example:
Tritium:
Gauges are meant to pay emissions out to revenue generating pools. I don’t think it’s appropriate to have a gauge on a pool that doesn’t generate any protocol fees with it’s trading. I may be an odd man out here. The standard fee split is 50%, a portion of which may be redirected to bribes on the pool depending on the gauge arrangement.
After discussing this further, I think the appropriate thing to do is the standard 50% revenue share via BIP-19, as this is a core pool. It’s also efficient as bribes are paid out directly from the DAO revenue.
Capturing a good chunk of the ETH/USDC volume would be extremely beneficial for the Balancer protocol, and thus should be included in that improvement proposal.
Motivation
The release of veBAL nearly three months ago represented a huge step forward for the Balancer ecosystem. However, the recent activity where a large percentage of BAL emissions have been directed to first the Badger then later the Cream pool has exposed a critical incentive misalignment in my view. Balancer’s most important metric is protocol revenue and there is no direct incentive for voters to prioritize pools that generate significant revenue. If such an incentive existed and larg…
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