[BIP-477] Enable PSP/OP 80/20 Gauge with 2% emission cap [Optimism]

PR with Payload


Enable PSP/OP 80/20 A Night at the OPara Gauge on Optimism, with 2% BAL emission cap.

References/Useful links:

Link to:
• Website https://www.paraswap.io/
• Documentation Welcome - ParaSwap User Doc
• Github Page ParaSwap · GitHub
• Communities ParaSwap

Protocol Description:

Paraswap is a DeFi aggregator that unites the liquidity of decentralized exchanges and lending protocols into one comprehensive and secure interface and APIs. The $PSP token is the governance token of Paraswap DAO.


This pool has been the main liquidity of PSP on optimism and recently the Paraswap governance has passed the proposal to further bootstrap PSP liquidity using Aura and Balancer / Beethoven X on Optimism. The BAL gauge would be crucial for this.


  1. Governance: Paraswap governance is through PSP holders.

  2. Audits: see audits

  3. Centralization vectors: No.

  4. Market History: The PSP/OP pool has been established on optimism for more than 7 months.

  5. Value: The pool is the primary liquidity of PSP on optimism and the BAL gauge would help further bootstrap the liquidity.

Pool: Beethoven X | A Night at the OPara

Child Gauge: Contract Address 0x390E36102245EAc08E5b3D4527b30B3A645F16d7 | OP Mainnet

Root gauge: OptimismRootGauge | Address 0x132296d1Dfd10bA55b565C4Cfe49D350617a2A2b | Etherscan


The Balancer Maxi LM Multisig eth:0xc38c5f97B34E175FFd35407fc91a937300E33860 will interact with the GaugeAdderv4 at 0x5DbAd78818D4c8958EfF2d5b95b28385A22113Cd and call the addGauge function with the following arguments:
gaugeType(string): Optimism


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