# \[BIP-30\] Purge Unused Gauges

**URL:** <https://forum.balancer.fi/t/bip-30-purge-unused-gauges/3478>\
**Category:** General Proposal\
**Created:** [July 18, 2022, 1:07pm UTC](https://forum.balancer.fi/t/bip-30-purge-unused-gauges/3478 "2022-07-18T13:07:56Z")\
**Posts on this page:** 7\
**Page:** 1

<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:** [July 18, 2022, 1:07pm UTC](https://forum.balancer.fi/t/bip-30-purge-unused-gauges/3478/1 "2022-07-18T13:07:56Z")

</div>

## Motivation

Balancer currently has 50+ active gauges. The vast majority of these were grandfathered in when veBAL launched and many have never gotten votes. I propose to remove all gauges that meet both criteria below:

- Gets less than 0.1% of the vote
- 80/20 pool that is not the primary source of liquidity

Plus removing all gauges with exactly 0% of the vote unless recently approved in a gauge vote. These gauges are not likely to ever drive value to the protocol so there’s no reason to have them on the voting list. If desired, anyone can pursue a proposal to re-activate a gauge from this list in the future.

A full list of gauges to be killed:

- 80 THX / 20 USDC (Polygon)
- 80 GMX / 20 WETH (Arbitrum)
- 80 MTA / 20 WETH (Ethereum)
- 80 UNN / 20 WETH (Ethereum)
- 80 BANK / 20 WETH (Polygon)
- 80 VISION / 20 WETH (Polygon)
- 50 USDC / 50 WETH (Polygon)
- 80 SAND / 20 WMATIC (Polygon)
- USDC/TUSD/DAI/USDT stable (Polygon)
- USDC/FRAX/USDT/UST stable (Polygon)
- 33 AVAX / 33 WETH / 33 SOL (Polygon)
- 40 WMATIC / 40 MTA / 20 WETH (Polygon)
- 60 MCB / 40 WETH (Arbitrum)
- 80 GNO / 20 WETH (Arbitrum)
- DAI/USDT/USDC stable (Arbitrum)
- 80 TCR / 20 WETH (Arbitrum)
- 80 LINK / 20 WETH (Arbitrum)
- 80 MAGIC / 20 WETH (Arbitrum)
- 80 GRO / 20 WETH (Ethereum)
- 50 SILO / 50 WETH (Ethereum)
- 50 WETH / 50 USDT (Ethereum)
- 50 UMA / 50 USDC (Ethereum)

### Specification

If approved, the DAO Multisig `0x10A19e7eE7d7F8a52822f6817de8ea18204F2e4f` will interact with the `AuthorizerAdaptor` at `0x8F42aDBbA1B16EaAE3BB5754915E0D06059aDd75` and call `performAction` using `0xab8f0945` for the `data(bytes)` argument and the following list of contracts for the `target(address)` argument. Each contract will be its own transaction, thus there will be a total of **22** transactions.

`80 THX / 20 USDC (Polygon)` → `0x6D73Df7aFC4e0144DeC3BE083dFA3882E53c5BA5`  
`80 GMX / 20 WETH (Arbitrum)` → `0x3fDb6fB126521A28f06893F9629DA12f7B7266Eb`  
`80 MTA / 20 WETH (Ethereum)` → `0xbeC2d02008Dc64A6AD519471048CF3D3aF5ca0C5`  
`80 UNN / 20 WETH (Ethereum)` → `0x8F4a5C19A74D7111bC0e1486640F0aAB537dE5A1`  
`80 BANK / 20 WETH (Polygon)` → `0x022A843fFeE5A6FE1646C980b94286ef0D05F759`  
`80 VISION / 20 WETH (Polygon)` → `0xAb6efd2882BB25c732Bf0A5f8d98BE752f0DdAAF`  
`50 USDC / 50 WETH (Polygon)` → `0x45012035a728b0a9B344036e6bff6c775EE09769`  
`80 SAND / 20 WMATIC (Polygon)` → `0xDaE03Cd2ec908710E98ffc5f4Ff540Fe2c5C1e17`  
`USDC/TUSD/DAI/USDT stable (Polygon)` → `0xb5ad7d6d6F92a77F47f98C28C84893FBccc94809`  
`USDC/FRAX/USDT/UST stable (Polygon)` → `0xA6359EB485d23412EB40f1F0Dbd80e1A4Fe87e6b`  
`33 AVAX / 33 WETH / 33 SOL (Polygon)` → `0xCBbd866835433C620059129aaf12EE9c59dbC0d7`  
`40 WMATIC / 40 MTA / 20 WETH (Polygon)` → `0xE32080A12723e5b8f1b0cEd1F308FE2f9cF7e3c9`  
`60 MCB / 40 WETH (Arbitrum)` → `0xf30dB0Ca4605e5115Df91B56BD299564dcA02666`  
`80 GNO / 20 WETH (Arbitrum)` → `0x981Fb05B738e981aC532a99e77170ECb4Bc27AEF`  
`DAI/USDT/USDC stable (Arbitrum)` → `0xE0b50B0635b90F7021d2618f76AB9a31B92D0094`  
`80 TCR / 20 WETH (Arbitrum)` → `0x05e7732bF9ae5592E6AA05aFE8Cd80f7Ab0a7bEA`  
`80 LINK / 20 WETH (Arbitrum)` → `0x435272180a4125f3B47c92826F482FC6cc165958`  
`80 MAGIC / 20 WETH (Arbitrum)` → `0x785F08fB77ec934c01736E30546f87B4daccBe50`  
`80 GRO / 20 WETH (Ethereum)` → `0x7A89f34E976285b7b885b32b2dE566389C2436a0`  
`50 SILO / 50 WETH (Ethereum)` → `0xD61dc7452C852B866c0Ae49F4e87C38884AE231d`  
`50 WETH / 50 USDT (Ethereum)` → `0xdB7D7C535B4081Bb8B719237bdb7DB9f23Cc0b83`  
`50 UMA / 50 USDC (Ethereum)` → `0xf4339872Ad09B34a29Be76EE81D4F30BCf7dbf9F`

---

<div class="post-metadata">

**Author:** ![zekraken](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/zekraken/32/823_2.png) [@zekraken](https://forum.balancer.fi/u/zekraken)\
**Post date:** [July 18, 2022, 4:22pm UTC](https://forum.balancer.fi/t/bip-30-purge-unused-gauges/3478/2 "2022-07-18T16:22:34Z")

</div>

I support this effort, there are a number of gauges that bypassed governance since they were receiving liquidity mining rewards under the old model. In most cases they haven’t been voted on since inception and I’m not sure why that would change without any focus coming from the projects themselves. I think the community should make some effort to keep the list of gauges streamlined and populated with meaningful gauges. The UX experience could become unruly with no periodic review.

---

<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:** [July 21, 2022, 2:58pm UTC](https://forum.balancer.fi/t/bip-30-purge-unused-gauges/3478/3 "2022-07-21T14:58:26Z")

</div>

Absolutely needed! In full support.

---

<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:** [July 21, 2022, 5:12pm UTC](https://forum.balancer.fi/t/bip-30-purge-unused-gauges/3478/4 "2022-07-21T17:12:14Z")

</div>

[https://snapshot.org/#/balancer.eth/proposal/0x12c8fd18c644c8c230b673fc468a22f93cd28ff3526b4e291005d13eeb85ad85](https://snapshot.org/#/balancer.eth/proposal/0x12c8fd18c644c8c230b673fc468a22f93cd28ff3526b4e291005d13eeb85ad85)

---

<div class="post-metadata">

**Author:** ![mieszko\_thx.network](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/mieszko_thx.network/32/3512_2.png) [@mieszko\_thx.network](https://forum.balancer.fi/u/mieszko_thx.network)\
**Post date:** [July 23, 2022, 10:54am UTC](https://forum.balancer.fi/t/bip-30-purge-unused-gauges/3478/5 "2022-07-23T10:54:24Z")

</div>

Hi there, looks like our gauge (80 THX / 20 USDC) is being killed 😢

It is both the primary source of liquidity, created with a LBP dec. 2021. It has had up to 0.3% of the vote and would have gotten over 0.1% next round, and in closing our DAO is about to acquire veBAL/vlAURA (see [[Temperature Check] Support Polygon LP staking - #2 by 0xButterfield - Temperature Check - Aura Finance](https://forum.aura.finance/t/temperature-check-support-polygon-lp-staking/80/2))

I understand where this proposal is coming from but I would like to add a few remarks;

1. protocol value /= solely liquidity + fees. Balancer has always been vocal and supportive for bootstrapping projects creating 80/20 pools which I believe helps the whole ecosystem and should have a place also considering gauges
2. this moved from proposal to execution in 6 days… In our case we watch @balancer and @balancerlabs twitter for governance info and I don’t think it was mentioned there. Perhaps consider to give projects some more time (e.g. 2 weeks) to review proposals and join the convo

In any case; I will do my best to watch BIPs more closely from now on directly on the forum. And we will discuss this development with our community and most probably submit a proposal to vote our gauge back in 🤞

---

<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:** [July 24, 2022, 10:14pm UTC](https://forum.balancer.fi/t/bip-30-purge-unused-gauges/3478/6 "2022-07-24T22:14:21Z")

</div>

I’ll be requesting this goes to a second vote next week given the wide support from all delegates. Unclear why the CREAM whale voted it down - happy to hear his concerns if he feels like sharing. Cheers

---

<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:** [July 28, 2022, 5:47pm UTC](https://forum.balancer.fi/t/bip-30-purge-unused-gauges/3478/7 "2022-07-28T17:47:47Z")

</div>

second vote [Snapshot](https://snapshot.org/#/balancer.eth/proposal/0x3a2cd227ab45ce9773d8f83f876035afc3267f31b6a6de20ee8f58e7cbb7e978)
