PR with Payload
Summary:
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.
Motivation:
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.
Specifications:
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Governance: Paraswap governance is through PSP holders.
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Audits: see audits
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Centralization vectors: No.
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Market History: The PSP/OP pool has been established on optimism for more than 7 months.
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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
Specification:
The Balancer Maxi LM Multisig eth:0xc38c5f97B34E175FFd35407fc91a937300E33860 will interact with the GaugeAdderv4 at 0x5DbAd78818D4c8958EfF2d5b95b28385A22113Cd and call the addGauge function with the following arguments:
gauge(address):0x132296d1Dfd10bA55b565C4Cfe49D350617a2A2b
gaugeType(string): Optimism