# \[BIP-328\] Enable Initial zkEVM Gauges \[zkEVM\]

**URL:** https://forum.balancer.fi/t/bip-328-enable-initial-zkevm-gauges-zkevm/4862
**Category:** BAL Gauges
**Created:** [June 11, 2023, 10:07pm UTC](https://forum.balancer.fi/t/bip-328-enable-initial-zkevm-gauges-zkevm/4862 "2023-06-11T22:07:30Z")
**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: [June 11, 2023, 10:07pm UTC](https://forum.balancer.fi/t/bip-328-enable-initial-zkevm-gauges-zkevm/4862/1 "2023-06-11T22:07:30Z")

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### PR with Payloads

> <https://github.com/BalancerMaxis/multisig-ops/pull/266>
>
> \- enable rETH/WETH gauge
> \- enable wstETH / WETH gauge
> \- enable wstETH/rETH gau…ge
> \- enable rETH / bboUSD gauge
> \- enable wsteETH / bboUSD gauge
> \- enable bboUSD gauge
> \- Tenderly sim: https://dashboard.tenderly.co/public/safe/safe-apps/simulator/a32c76e8-312e-4ece-bd58-2563753e7e09

**Summary:**

> Balancer recently passed going forward with deployment on zkEVM [here](https://forum.balancer.fi/t/bip-224-balancer-on-polygon-zkevm/4539). Given their launch, it is in the Balancer’s best interest to add core liquidity on zkEVM and to support this with the approval of several gauges. This proposal will activate gauges for the following pools if passed: wstETH/WETH , rETH/WETH, rETH/wstETH, bb-o-USD (Ovix boosted) , bb-o-USD/rETH and bb-o-USD / wstETH. This pools all contain yield bearing assets and in turn will be added to the core pool cycle.

**References/Useful links:**

> Link to:  
> • Website: [Polygon zkEVM](https://polygon.technology/polygon-zkevm) , [Ovix](https://www.0vix.com/)  
> • Documentation: [Polygon zkEVM](https://zkevm.polygon.technology/) , [Ovix](https://docs.0vix.com/)  
> • Github Page: [Polygon zkEVM](https://github.com/0xpolygonhermez) , [Ovix Contracts](https://github.com/0Vix/0vix-contracts)  
> • Communities: [Polygon zkEVM](https://polygon.technology/community) , [Ovix](https://docs.0vix.com/references/social-media-links)  
> • Other useful links?

**Protocol Description:**

> The LST pools in this proposal are reiterations of pools Balancer has on several networks outside of the Ovix boosted addition. The 0VIX protocol enables users to effortlessly lend, borrow and earn interest with their digital assets. Depositors providing liquidity to the protocol may earn passive income, while borrowers are able to borrow using over-collateralization. The lending market is where boosted yield will be sourced from.

**Motivation:**

> These pools will act as the initial base of liquidity for Balancer’s zkEVM expansion.

**Specifications:**

1. **Governance:** Ovix governance is outlined [here](https://docs.0vix.com/dao/governance-dao-charter). Pending their token launch.

2. **Oracles:** The rate providers utilized in these pools are powered by layer zero and have been reviewed by the Balancer Labs integrations team.

3. **Audits:** Ovix audit reports can be seen [here](https://docs.0vix.com/references/audits).

4. **Centralization vectors:** No centralization vectors outside of USDC and USDT inherent risks in the boosted Ovix USD pool.

5. **Market History:** [rETH](https://www.coingecko.com/en/coins/rocket-pool-eth) , [wstETH](https://www.coingecko.com/en/coins/wrapped-steth), [WETH](https://www.coingecko.com/en/coins/weth), [USDC](https://www.coingecko.com/en/coins/usd-coin), [USDT](https://www.coingecko.com/en/coins/tether)

6. **Value:** These pools will be the core liquidity on zkEVM during this initial launch stage.

**Transaction Specifications:**

The Balancer Maxi LM Multisig `eth:0xc38c5f97B34E175FFd35407fc91a937300E33860` will interact with the `GaugeAdderv4` at `0x5DbAd78818D4c8958EfF2d5b95b28385A22113Cd` and call the `addGauge` function with the following arguments:

rETH/WETH:  
gauge(address): `0x54f220a891f468629027C3Cc8A58722D4F576402`  
gaugeType(string): `PolygonZkEvm`

wstETH/WETH:  
gauge(address): `0xce99399fb4De36056A6831b159572E271360ea40`  
gaugeType(string): `PolygonZkEvm`

wstETH/rETH:  
gauge(address): `0xF7d515DC47d5BD57786494628ed766d6bF31cd39`  
gaugeType(string): `PolygonZkEvm`

rETH/bboUSD:  
gauge(address): `0x7949426d750FEFC25754F149B2FB446B60c39387`  
gaugeType(string): `PolygonZkEvm`

wstETH/bboUSD:  
gauge(address): `0xc85679E41f1F98E694D9F8983fdD484F98F2eB02`  
gaugeType(string): `PolygonZkEvm`

bboUSD  
gauge(address): `0x48799A2B0b9ec11E4fa158c781AD8bFAbB892D58`  
gaugeType(string): `PolygonZkEvm`

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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: [June 14, 2023, 7:23pm UTC](https://forum.balancer.fi/t/bip-328-enable-initial-zkevm-gauges-zkevm/4862/2 "2023-06-14T19:23:52Z")

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[https://snapshot.org/#/balancer.eth/proposal/0xb88bbaa892e8937983e3ade13128246799c03e8a79a8827835bd0da2eecc36f5](https://snapshot.org/#/balancer.eth/proposal/0xb88bbaa892e8937983e3ade13128246799c03e8a79a8827835bd0da2eecc36f5)
