[BIP-XX] ComposableStable and AaveLinearPools: permission granting
New pool factories have been deployed on all networks.
This proposal seeks governance approval to grant specific roles to certain ecosystem participants for security purposes and efficient management of these pools.
Authorize the Emergency subDAO to pause the pools
Just like with previous pools, these new pools have an emergency pause period which is hardcoded at 3 months from the time the factories were deployed. During the pause period, the Balancer Governance Multisig has the power to gracefully pause the system in case vulnerabilities or issues arise. Funds can always be withdrawn by users , even during an emergency pause, and the pause is only to be invoked in situations where user funds may be at risk.
Since gathering 6/11 governance multisig signers during an emergency may not be feasible or expedient, we propose also authorizing the Emergency subDAO to pause the system. Note that after the 3-month pause period ends, neither the Governance Multisig nor the Emergency subDAO will have any pause power.
Authorize Balancer Maxis to manage pool parameters
As in previous versions, these pools contain a series of parameters that affect their efficiency and can be tuned depending on market conditions:
- Composable Stable Pools:
- swap fee
- amplification parameter
- token rate cache duration
- Linear Pools:
- swap fee
- lower target
- upper target
For a detailed description of each one of those, see the corresponding proposal for StablePhamtomPools and AaveLinearPool v1.
The action IDs corresponding to each one of the functions in each one the pools in each network can be found in the Balancer Labs Monorepo
The list of Balancer Maxis’s multisigs can be found in their Notion
Specification
The DAO multisig in each network will initiate transactions with the Authorizer 0xA331D84eC860Bf466b4CdCcFb4aC09a1B43F3aE6 calling the function grantRole for each one of the following role/account tuples:
| Network | Pool | Function | Role (action ID) | Account |
|---|---|---|---|---|
| Mainnet | Composable | setSwapFeePercentage | 0x94611f33019f04ed070e076bbacb9ff5c5fe03d7184bef4026e1ee669d3b623e | 0xf4A80929163C5179Ca042E1B292F5EFBBE3D89e6 |
| Mainnet | Composable | startAmplificationParameterUpdate | 0x11562115fbcf4955e097732f59969867f1cb458a8cbd648231b0ffae14c800de | 0xf4A80929163C5179Ca042E1B292F5EFBBE3D89e6 |
| Mainnet | Composable | stopAmplificationParameterUpdate | 0xf8ab8bdb4497d157053d2f796e50c33e6fff3d586b6db6880ab12eff1d907b2b | 0xf4A80929163C5179Ca042E1B292F5EFBBE3D89e6 |
| Mainnet | Composable | setTokenRateCacheDuration | 0xd4f0c40da2129d4b1aba541e693e03b92a323a66f649257a258fe6e4ea331b52 | 0xf4A80929163C5179Ca042E1B292F5EFBBE3D89e6 |
| Mainnet | Composable | pause | 0x367e95c6cc9f3041f3c6ee21b06ef8992a82318a6b2adbbfb6af3ee601769a30 | 0xA29F61256e948F3FB707b4b3B138C5cCb9EF9888 |
| Mainnet | Composable | unpause | 0xfef90c64be79cb170a20e526196e7c8f2f37f441ae85c945c18a91a64777d309 | 0xA29F61256e948F3FB707b4b3B138C5cCb9EF9888 |
| Mainnet | Linear | setSwapFeePercentage | 0x7fad14fae895c80a37148957909942740cfbc0ddc5676b975d9893577ba7cd17 | 0xf4A80929163C5179Ca042E1B292F5EFBBE3D89e6 |
| Mainnet | Linear | setTargets | 0xef008574ca41f2b6033a54a73ad6adc382165acd85b6f76f8456d9946b299a16 | 0xf4A80929163C5179Ca042E1B292F5EFBBE3D89e6 |
| Mainnet | Linear | pause | 0x8d329099a8220fbd27ff3cf304a4cb1dae32335654ec5115c3a643ac0e623418 | 0xA29F61256e948F3FB707b4b3B138C5cCb9EF9888 |
| Mainnet | Linear | unpause | 0xa738fa584fff6afe4e319db36f7f5270924047e5e2c04a1712cbfc082e3fd078 | 0xA29F61256e948F3FB707b4b3B138C5cCb9EF9888 |
| Arbitrum | Composable | setSwapFeePercentage | 0xe605bedb5062fc75d9a4c9b67d38cd084c8e883c9821eb951f858447df8e3a2f | 0x7c68c42De679ffB0f16216154C996C354cF1161B |
| Arbitrum | Composable | startAmplificationParameterUpdate | 0x8412f218d25cee223ab7a404c3406940a064f40fdaa417d647445eba10b97038 | 0x7c68c42De679ffB0f16216154C996C354cF1161B |
| Arbitrum | Composable | stopAmplificationParameterUpdate | 0x9a3c5c0ea4b79c825df11ad6ce909976a96ac0f53aff7a7b739ca6b723b20600 | 0x7c68c42De679ffB0f16216154C996C354cF1161B |
| Arbitrum | Composable | setTokenRateCacheDuration | 0x90cb2445e696709389ac5e1031afc231c98d773cf96ab0e1ba7807c2366e42ff | 0x7c68c42De679ffB0f16216154C996C354cF1161B |
| Arbitrum | Composable | pause | 0x790eac10c9ba4bc5ac31ce9b82c6bdc74cb75dada4b62b7f951b3962cf360305 | 0xf404C5a0c02397f0908A3524fc5eb84e68Bbe60D |
| Arbitrum | Composable | unpause | 0xb765124d230f343b0ac8a1cae93458954ce6dd674c67b4e88fc1724ae35c9fc8 | 0xf404C5a0c02397f0908A3524fc5eb84e68Bbe60D |
| Arbitrum | Linear | setSwapFeePercentage | 0xe9d4a41f6bb25c8862c0c2c860268861488f862a3702115587343e3c3d6ea29a | 0x7c68c42De679ffB0f16216154C996C354cF1161B |
| Arbitrum | Linear | setTargets | 0x2095feae5b22289753af2b83be023818aa08f8d76f2083e5fb8a393a2c8a4836 | 0x7c68c42De679ffB0f16216154C996C354cF1161B |
| Arbitrum | Linear | pause | 0x25ec546c5f4dfc2fe31ba04f5cf65a8098b35111075a5fd114ea3475e4254ac6 | 0xf404C5a0c02397f0908A3524fc5eb84e68Bbe60D |
| Arbitrum | Linear | unpause | 0xb48ae0b045f774f177ab4b36d641b3bfaeb28e42f6da1a418a80f696f3a21703 | 0xf404C5a0c02397f0908A3524fc5eb84e68Bbe60D |
| Polygon | Composable | setSwapFeePercentage | 0x576b700db98ec644eecfa8897c70a0d2b3d30bed2ccdf3bddefe31760f8c0633 | 0x7c68c42De679ffB0f16216154C996C354cF1161B |
| Polygon | Composable | startAmplificationParameterUpdate | 0x5d4a1165b8bf34b0f592f2bdc6f1ee5d09481814963677ed7630f5c67841b626 | 0x7c68c42De679ffB0f16216154C996C354cF1161B |
| Polygon | Composable | stopAmplificationParameterUpdate | 0x6f1a0dba66a9983fa400ea47a5386421a36e9bdcfa882c97c2741d077f04141b | 0x7c68c42De679ffB0f16216154C996C354cF1161B |
| Polygon | Composable | setTokenRateCacheDuration | 0x37726c43670a7ead095d76165a2416d6eff42e053156b5c37a214568b28cd7a0 | 0x7c68c42De679ffB0f16216154C996C354cF1161B |
| Polygon | Composable | pause | 0xb2e5923fd9825ad003a6916a2959b6fec8c1cbd137e7f4717e8f3a0ef5356f5d | 0x3c58668054c299bE836a0bBB028Bee3aD4724846 |
| Polygon | Composable | unpause | 0x36747b6cd8d8f2a23383e96a481dc01e6635f54026b006f9188384f6893474ee | 0x3c58668054c299bE836a0bBB028Bee3aD4724846 |
| Polygon | Linear | setSwapFeePercentage | 0xcf5e03a737e4f5ba6d13e23f893a1e0255b362d8ce22e9568e1565fcf92789c7 | 0x7c68c42De679ffB0f16216154C996C354cF1161B |
| Polygon | Linear | setTargets | 0x6acd4f21c434de03ec54c117c6044204a513d0adac665ede4c7206f56f907ef7 | 0x7c68c42De679ffB0f16216154C996C354cF1161B |
| Polygon | Linear | pause | 0xcd7e0ee0107ef7cac4d00d3821101a9ba6f02158f7f4dd52693e82ad3c91e918 | 0x3c58668054c299bE836a0bBB028Bee3aD4724846 |
| Polygon | Linear | unpause | 0x07b4fb5e12466b66136a430edadfe74892e0cbfc410f6268a2d1d24cc09a6e05 | 0x3c58668054c299bE836a0bBB028Bee3aD4724846 |
| Optimism | Composable | setSwapFeePercentage | 0x66ac87b56c0b6f1b8ba5ce2036d91aaa631367d588313cd8cc730df051efa140 | 0x09Df1626110803C7b3b07085Ef1E053494155089 |
| Optimism | Composable | startAmplificationParameterUpdate | 0x3d7fd8b3446db77eb8d83e5121c868c127b5f3fe8f91aa450efe51afb2195d6d | 0x09Df1626110803C7b3b07085Ef1E053494155089 |
| Optimism | Composable | stopAmplificationParameterUpdate | 0x829c6af04e241a9112e22d83f9762834e232755ac15bcd8413c3ebbbd5870eaa | 0x09Df1626110803C7b3b07085Ef1E053494155089 |
| Optimism | Composable | setTokenRateCacheDuration | 0x6674086fab3168c3fc3cdb60f353d450e59522be8e64a0db73b5f3745322a54c | 0x09Df1626110803C7b3b07085Ef1E053494155089 |
| Optimism | Composable | pause | 0x04c4307b17c18ef584c6c9111ccaa6d1281fb85d0b22696a165ab2619f7c24ab | 0xd4c87b33afcE39F1E3F4aF1ce8fFFF7241d9128B |
| Optimism | Composable | unpause | 0x883d4d096be6a2505447f839999d94e029323effbc22f771d5d78f974462963a | 0xd4c87b33afcE39F1E3F4aF1ce8fFFF7241d9128B |
| Optimism | Linear | setSwapFeePercentage | 0xb440521601245c504e842f9580cabe88c3718e8eccd49f4a077b092ad010a967 | 0x09Df1626110803C7b3b07085Ef1E053494155089 |
| Optimism | Linear | setTargets | 0xc01b11d5a2f4ee957997d10342772e3140603f0dad8741f7407662573682daf7 | 0x09Df1626110803C7b3b07085Ef1E053494155089 |
| Optimism | Linear | pause | 0x6e961d95077acbe45f054b20b277b2e56ab7d35ba632f0d71a7ea1b48ca3e7e9 | 0xd4c87b33afcE39F1E3F4aF1ce8fFFF7241d9128B |
| Optimism | Linear | unpause | 0x7e82eda3057396200811c8c0ece0c5638d4f2a78645f9d05fd0da9072dc4815f | 0xd4c87b33afcE39F1E3F4aF1ce8fFFF7241d9128B |