# \[BIP-329\] Enable ACID/WETH Gauge \[Arbitrum\]

**URL:** <https://forum.balancer.fi/t/bip-329-enable-acid-weth-gauge-arbitrum/4863>\
**Category:** BAL Gauges\
**Created:** [June 12, 2023, 2:31am UTC](https://forum.balancer.fi/t/bip-329-enable-acid-weth-gauge-arbitrum/4863 "2023-06-12T02:31:33Z")\
**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 12, 2023, 2:31am UTC](https://forum.balancer.fi/t/bip-329-enable-acid-weth-gauge-arbitrum/4863/1 "2023-06-12T02:31:33Z")

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### PR with Payload

> <https://github.com/BalancerMaxis/multisig-ops/pull/267>
>
> \- enable ACID/WETH gauge on Arbitrum
> \- Tenderly sim: https://dashboard.tenderly….co/public/safe/safe-apps/simulator/1d2856d5-0c1c-4d41-ba98-b0363d60b1b5

**Summary:**

> Activation of the liquidity mining gauge for the 50/50 Weighted ACID/WETH pool on arbitrum. The 0xACID protocol is specifically created to optimize the returns on LSD assets such as stETH, rETH, frxETH, and others, with the goal of achieving significantly higher returns than the average.
> 
> By adopting a long-term investment approach in LSD-related assets, similar to holding ETH, the protocol sustains actual returns from Ethereum nodes, among others. The protocol operates under the ETH denomination and concentrates exclusively on the growth of ETH, reflecting the team’s strong conviction in ETH’s potential for price appreciation.

**References/Useful links:**

> Link to:  
> • Website: [https://0xacid.com/](https://0xacid.com/)  
> • Documentation: [https://docs.0xacid.com/](https://docs.0xacid.com/)  
> • Github Page: [https://github.com/ToxinLabs/0xacid-contract](https://github.com/ToxinLabs/0xacid-contract)  
> • Communities: [https://docs.0xacid.com/0xacid-information/official-links](https://docs.0xacid.com/0xacid-information/official-links)  
> • Other useful links?

**Protocol Description:**

> ACID focuses on optimizing returns on Ethereum LSTs on the Ethereum and Arbitrum chains.

**Motivation:**

> As the Arbitrum ecosystem is expanding Balancer plans to become the home to projects large and small in the space. By Balancer playing the role of the liquidity layer on each network we move to, the more projects deployed at the base layer of Balancer makes our reach stronger. Acid will also be participating in bribing for their gauge.

**Specifications:**

1. **Governance:** ACIDs governance structure can be seen [here](https://snapshot.org/#/aciddao.eth). Discussions occur in the ACID Discord, and votes are done on snapshot.

2. **Oracles:** N/A

3. **Audits:** Contracts can be seen [here](https://docs.0xacid.com/0xacid-information/contracts) Github link [here](https://github.com/ToxinLabs/0xacid-contract).

4. **Centralization vectors:** Acid is a decentralized protocol. Not applicable.

5. **Market History:** See market history from [coingecko](https://www.coingecko.com/en/coins/acid).

6. **Value:** This pool will be a third point of liquidity for ACID. Currently they have liquidity sources on uniswap and Camelot. They will participate in bribe markets though, and as new project are expected to see a decent amount of swap volume.

Pool address: [0xCE2Da1D3e5b5e4E1913F9fF65eE029d38682d8b9](https://app.balancer.fi/#/arbitrum/pool/0xce2da1d3e5b5e4e1913f9ff65ee029d38682d8b900020000000000000000044e)

**Transaction Specification:**

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

2% Capped Gauge:  
gauge(address): `0x6ba66967B0723718d616ad5F293c2AE6d7b0FCAE `  
gaugeType(string): `Arbitrum`

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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, 7:25pm UTC](https://forum.balancer.fi/t/bip-329-enable-acid-weth-gauge-arbitrum/4863/2 "2023-06-14T19:25:30Z")

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[https://snapshot.org/#/balancer.eth/proposal/0x7d36eccbd8b2ff44e5eed2451713c8977e478404e8e4447a10e48dbf39cefa33](https://snapshot.org/#/balancer.eth/proposal/0x7d36eccbd8b2ff44e5eed2451713c8977e478404e8e4447a10e48dbf39cefa33)