# \[BIP-666\] Provide Balancer DAO POL to CoWAMM Pools **URL:** \ **Category:** General Proposal\ **Created:** [July 31, 2024, 11:54am UTC](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895 "2024-07-31T11:54:59Z")\ **Posts on this page:** 14\ **Page:** 1
**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:** [July 31, 2024, 11:54am UTC](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895/1 "2024-07-31T11:54:59Z")
### PR with Payload > > > \- transfer funds to LM multisig to seed CoWAMM pools with Balancer POL > \- ~~2008…03.3 BAL~~ 213\_675.21 BAL > \- ~~375000 USDC~~ 125\_000 USDC > \- ~~38.121 WETH~~ 118.26 WETH > > \[Proposal\](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895) ## Summary Authors: @Mike_B, @Xeonus In this proposal, we aim to formalize the launch requirements for CoWAMM’s for Balancer. This includes the following: - Transfer $250k in BAL for discretionary incentives - Transfer $250k in BAL + $250k in WETH to seed the BAL/WETH CoWAMM pool for a total of $500k - Transfer $125k in USDC and $125k in WETH to seed Balancer DAO’s portion of the USDC/WETH pool for a total of $250k For a total of **$500k in BAL** , **$125k USDC** , and **$375k in WETH** ## Motivation This proposal serves to formalise the execution of the approved obligations outlined in [BIP-628](https://forum.balancer.fi/t/bip-628-balancer-cow-protocol-strategic-partnership-launching-cowamm-pools/5813) as at the time of BIP-628’s writing, the smart contracts had yet to be finalized. The execution only includes the provisioning of POL and not any token swap agreements so far. ## Execution Specification For the sake of simplicity and not having to specify join parameters (which can vary depending on asset pricing), the entirety of these funds will be sent to the LM multisig at 0xc38c5f97B34E175FFd35407fc91a937300E33860 Price of BAL: $2.34 Price of WETH: $3171 | | Amount ($) | BAL | USDC | WETH | | --- | --- | --- | --- | --- | | BAL Incentives | $250,000.00 | 106837.61 | 0.00 | 0.00 | | USDC/WETH Pool | $250,000.00 | 0.00 | 125000.00 | 39.42 | | BAL/WETH Pool | $500,000.00 | 106837.61 | 0.00 | 78.84 | This comes to a total of **125,000 USDC** **213675.21 BAL** **118.26 WETH** After which, the appropriate funds will be added to the corresponding CoWAMM pool after which the LP tokens will be transferred back to the DAO multisig. This proposal will fulfill all our obligations outlined by BIP-628. ## Technical Specification The DAO multisig `0x10A19e7eE7d7F8a52822f6817de8ea18204F2e4f` will interact with USDC at `0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48` by writing transfer, passing `0xc38c5f97B34E175FFd35407fc91a937300E33860` as recipient and the amount 125000 as `125000000000`. The DAO multisig `0x10A19e7eE7d7F8a52822f6817de8ea18204F2e4f` will interact with BAL at `0xba100000625a3754423978a60c9317c58a424e3D` by writing transfer, passing `0xc38c5f97B34E175FFd35407fc91a937300E33860` as recipient and the amount 213675.21 as 213675210000000000000000. Finally, the DAO multisig `0x10A19e7eE7d7F8a52822f6817de8ea18204F2e4f` will interact with WETH at `0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2` by writing transfer, passing `0xc38c5f97B34E175FFd35407fc91a937300E33860` as dst and the amount 118.26 as 181260000000000000000 at wad. ---
**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:** [August 1, 2024, 8:54am UTC](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895/2 "2024-08-01T08:54:18Z")
[https://snapshot.org/#/balancer.eth/proposal/0xf9bc2c094bf303a185e730360f2464bfe9d4a2b31ef823bd162b57e247f134d2](https://snapshot.org/#/balancer.eth/proposal/0xf9bc2c094bf303a185e730360f2464bfe9d4a2b31ef823bd162b57e247f134d2) ---
**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:** [August 26, 2024, 6:37am UTC](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895/3 "2024-08-26T06:37:09Z")
The Maxis successfully seeded all requested POL positions within funding limits of the proposal. Given the price volatility of assets upon writing of this BIP and execution, the USDC:WETH POL and BAL:WETH POL targets were not fully met. As of the writing of this post the positions currently have the following net value: - BAL:WETH CoWAMM POL1: $437,815 - BAL:WETH CowAMM POL2: $104,980 - USDC:WETH CoWAMM POL: $209,700 The USDC:WETH POL specifically was seeded so that the 39.42 WETH limit was not exceeded as specified by the proposal. After successfully seeding these positions, the Maxis calculated the deltas of all incoming transactions and returned the BPTs and remaining WETH, BAL and USDC amounts to the DAO multi-sig. | Currency | Amount | | --- | --- | | USDC | 23222.44559 | | BAL | 1978.018654 | | WETH | 3.745001 | A detailed breakdown of funds sent back incl. calculations can be found [here](https://github.com/BalancerMaxis/multisig-ops/pull/1265) ---
**Author:** ![Jadmat](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/jadmat/32/3361_2.png) [@Jadmat](https://forum.balancer.fi/u/Jadmat)\ **Post date:** [September 4, 2024, 3:30pm UTC](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895/4 "2024-09-04T15:30:52Z")
Hey @Xeonus; the second pool BALL:WETH that you specify refers to? Is not included in the return transaction? [Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0xe6be910a66cd0f541468625ff22121ab8c892b62af19f22334729b9687a0d86d) ---
**Author:** ![Tritium](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/tritium/32/2011_2.png) [@Tritium](https://forum.balancer.fi/u/Tritium)\ **Post date:** [September 4, 2024, 4:24pm UTC](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895/5 "2024-09-04T16:24:28Z")
the BAL/WETH POL took place a bit before the rest, and the LP tokens along with leftover BAL from that budget based on changes in price, were sent back in this tx: > **[Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0xf2a27220f0c1218662d2808c943fb62b1b223851a525dab2356765e5a76e21f5)** > > Ethereum (ETH) detailed transaction info for txhash 0xf2a27220f0c1218662d2808c943fb62b1b223851a525dab2356765e5a76e21f5. The transaction status, block confirmation, gas fee, Ether (ETH), and token transfer are shown. Note that while this information is for internal operations, we have made public the metadata we use when signing on onchain den. You should pretty easily be able to understand most of the transactions on the LM multisig [on Onchain Den](https://app.onchainden.com/safes/eth:0xc38c5f97B34E175FFd35407fc91a937300E33860). While we don’t want to spend our whole life explaining our operations, the goal is 100% transparency. Happy to answer some questions from time to time. ---
**Author:** ![Jadmat](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/jadmat/32/3361_2.png) [@Jadmat](https://forum.balancer.fi/u/Jadmat)\ **Post date:** [September 4, 2024, 11:37pm UTC](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895/6 "2024-09-04T23:37:53Z")
I’m probably being shortsighted at some point; it seems that POL lost about 100k USD in returned assets over a period of 15 days; was this by way of liquidity mining? ---
**Author:** ![Tritium](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/tritium/32/2011_2.png) [@Tritium](https://forum.balancer.fi/u/Tritium)\ **Post date:** [September 5, 2024, 12:51am UTC](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895/7 "2024-09-05T00:51:54Z")
It was due to decrease in token prices I think. You’d have to share more of your accounting for me to see more details. I think if you go through the transactions you will find that for each POL deposit, whatever tokens were available to make whatever entry was possible at a good/market price and then everything was sent back. It’s hard to account for volatile tokens in USD over a period of time and have things add up. Maybe this PR, originally linked by Xeonus, helps. There’s a lot of verification/cross-checking everything going on in the comments there. > ---
**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:** [September 5, 2024, 7:33am UTC](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895/8 "2024-09-05T07:33:16Z")
We specifically didn’t want to exceed the specified WETH limits as outlined in the proposal and didn’t have much float to work with. Also as @Tritium mentioned there was quite some price volatility happening between posting of the proposal and its execution. Note that we could only work with the specified token set and only proportional joins are possible with CoWAMM pools so we adhere to the proposal specifications. All transactions and accounting can be verified by the transaction logs, on-chain and with GitHub artifacts that were provided above. Current POL value as of writing of this post: - BAL:WETH CoWAMM POL 1: $378,950 - BAL:WETH CoWAMm POL 2: $ 91,177 - USDC:WETH CoWAMM POL: $196,788 Deltas compared to targets: USDC:WETH: $53,212 BAL:WETH: $29,823 As you can see net value already changed again significantly since I posted numbers 10d ago where the deltas were much smaller: > [@Xeonus](#): > > - BAL:WETH CoWAMM POL1: $437,815 > - BAL:WETH CowAMM POL2: $104,980 > - USDC:WETH CoWAMM POL: $209,700 You can check the positions with tools like [DeBank | Your go-to portfolio tracker for Ethereum and EVM](https://debank.com/profile/0x10a19e7ee7d7f8a52822f6817de8ea18204f2e4f/) ---
**Author:** ![Jadmat](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/jadmat/32/3361_2.png) [@Jadmat](https://forum.balancer.fi/u/Jadmat)\ **Post date:** [September 5, 2024, 1:26pm UTC](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895/9 "2024-09-05T13:26:31Z")
I am not referring to a loss in price, as I will try to explain: Initial shipment: 08/08: > **[Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0x34b39229a9687473198e4cb789b3ddc280cdc146f417b9f2518f7256bae53276)** > > Ethereum (ETH) detailed transaction info for txhash 0x34b39229a9687473198e4cb789b3ddc280cdc146f417b9f2518f7256bae53276. The transaction status, block confirmation, gas fee, Ether (ETH), and token transfer are shown. 125K USDC 213675,21 BAL 118,26 ETH Return: 1. [Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0xf2a27220f0c1218662d2808c943fb62b1b223851a525dab2356765e5a76e21f5) (14/08) 1043,95 BAL 156039,12 BALETH 0xf8F5B88328DFF3d19E5f4F11A9700293Ac8f638F > **[Liquidity Pool (cow): BCoW AMM 50BAL-50ETH](https://balancer.fi/pools/ethereum/cow/0xf8f5b88328dff3d19e5f4f11a9700293ac8f638f)** > > BCoW-50BAL-50ETH is a Balancer cow CoW AMM liquidity pool which contains BAL and WETH. 103400 (approx) BAL 78,88ETH 1. [Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0xe6be910a66cd0f541468625ff22121ab8c892b62af19f22334729b9687a0d86d) (23/08) Single assets: 23222,45 USDC 1978,02 BAL 3,75 ETH LPs: 5194.38 ETHUSDC 0xf08d4dea369c456d26a3168ff0024b904f2d8b91 composition: > **[Liquidity Pool (cow): BCoW AMM 50WETH-50USDC](https://balancer.fi/pools/ethereum/cow/0xf08d4dea369c456d26a3168ff0024b904f2d8b91)** > > BCoW-50WETH-50USDC is a Balancer cow CoW AMM liquidity pool which contains USDC and WETH. 98236,77 USDC 40,94 WETH 726.35 80BAL20ETH/ETH 0xc5c91aea7551095c3e1ff0f94f682c45b347ad73 composition: > **[Liquidity Pool (v2): Balancer 80BAL20wETH/wETH](https://balancer.fi/pools/ethereum/v2/0xc5c91aea7551095c3e1ff0f94f682c45b347ad730002000000000000000006c0)** > > 80BAL20wETH/wETH is a Balancer v2 Weighted liquidity pool which contains B-80BAL-20WETH and WETH. 18.8511 ETH (7,020 B-80BAL-20WETH) 3,77ETH 19700 BAL (approx) **Extracting:** -125K USDC -213675,21 BAL -118,26 ETH +23222,45 USDC +1978,02 BAL +3,75 ETH +98236,77 USDC +40,94 WETH +18.8511 ETH +3,77ETH +19700 BAL (approx) +1043,95 BAL +103400 (approx) BAL +78,88ETH **Result:** **USDC** : -3540,78 -125K USDC +23222,45 USDC +98236,77 USDC **BAL** : -87.553,24 -213675,21 BAL +1978,02 BAL +19700 BAL (approx) +1043,95 BAL +103400 (approx) BAL **ETH** : 27,9311 -118,26 ETH +3,75 ETH +40,94 WETH +18.8511 ETH +3,77ETH +78,88ETH **POL Net after strategy:** -3.540,78 USDC -87.553,24 BAL (approx) 27,93 ETH **Added Value (today)**: 69400usd (27.93 ETH) **Lost Value (today)**: 166841 (3,540.78 USDC + 87553.24 BAL) **Net Value (today)**: -97441usd \*Values are net traded, they include slippage and gas costs. Like I said, I may be missing some info, but I haven’t been able to find out if there is anything missing. Really appreciate the answers @Xeonus @Tritium The conclusion of this post is that POL lost USD 97.4k in assets due to this marketing strategy; I have no value judgment on whether the cost is fair or not; I just bring the data. The status of the positions is current Duration of the strategy until return: 15 days Duration of the strategy until this analysis: 27 days ---
**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:** [September 5, 2024, 3:00pm UTC](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895/10 "2024-09-05T15:00:26Z")
Appreciate the time you are taking to challenge these transactions @Jadmat 🙂 Actually, I found a small error in our data presentation here, the accounting overall checks out though. The error was the BAL:WETH POL2 value! TLDR: - **BAL:WETH** value that was deposited in total was only **$417,245** - **BAL:USDC** value at deposit was **$204,020** I impersonated the LM multisig `0xc38c5f97B34E175FFd35407fc91a937300E33860` to show the effective deposits via UI 1. BAL:WETH deposits: ![image](https://canada1.discourse-cdn.com/flex027/uploads/balancer/original/2X/1/1765089f799ae4382846832133b6da72f9fd5ec1.png) 2. USDC:WETH deposits: ![image](https://canada1.discourse-cdn.com/flex027/uploads/balancer/original/2X/c/cf1a344269242080bb6354d7765a62c67ba13706.png) I also compiled a fresh breakdown of the $value at deposit: | Date | Position | USDC amount | USDC price | BAL amount | BAL price | WETH amount | WETH price | $ value at deposit | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 12.08.2024 | BAL:WETH POL 1 | 0 | 1 | 6683.65 | 1.86 | 5 | 2668 | $25,772 | | 13.08.2024 | BAL:WETH POL 2 | 0 | 1 | 99110 | 1.98 | 71.91 | 2715 | $391,473 | | 21.08.2024 | BAL:USDC POL 1 | 101777.55 | 1 | 0 | 0 | 39.414999 | 2594 | $204,020 | A more easily to digest list of all transactions in detail: | Action | USDC | BAL | WETH | Explanation | Tx hash | | --- | --- | --- | --- | --- | --- | | Incoming funds | 125250 | 213675.21 | 118.26 | Incoming funds | [Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0x34b39229a9687473198e4cb789b3ddc280cdc146f417b9f2518f7256bae53276) | | Incentive Program 1 | 0 | 8994.709 | 0 | Transfer BAL to the Incentive Injector | [Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0x7c7691a28f9f599c2dfa39efe49351465a5981fa6084d3e04f63703ac0cbc638) | | BAL:WETH POL 1 | 0 | 6683.65 | 5 | Join BAL:WETH Pool with first position | [Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0xfd876dd9c0512df412f1b12d10398d3a67d5ad19c92ec46f5910b72aadb71b8c) | | Transfer BAL for incentives | 0 | 91159.24 | 0 | Transfer BAL to omnichain safe for distributing incentives later | [Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0xe1db6f1d46d9bac73308845404f9de15918c9d6e834c938a29b83b7952805f3f) | | BAL:WETH POL 2 | 0 | 99110 | 71.91 | Join BAL:WETH pool with second position | [Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0xe1db6f1d46d9bac73308845404f9de15918c9d6e834c938a29b83b7952805f3f) | | Transfer BAL for incentives | 0 | 6683.65 | 0 | Transfer rest of BAL allocated to this program to omnichain safe | [Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0xe1db6f1d46d9bac73308845404f9de15918c9d6e834c938a29b83b7952805f3f) | | BAL:USDC POL 1 | 101777.55 | 0 | 39.414999 | Join BAL:USDC pool with 39.415 WETH as max limit | [Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0x0552e4d6f47f0212a7d2a21f64e28d5fb6d6873af63ce970300db4fd24144c76) | Given these transactions, we have a delta as we can only do proportional joins on those CoWAMM pools which is: | | USDC | BAL | WETH | | --- | --- | --- | --- | | Delta sent back to DAO | 23472.45 | 1043.961 | 1.935001 | This accounts for a total value of $31,017 As we bundled the dust amounts from the [[BIP-669] Provide 80BAL-20WETH:WETH POL on [Ethereum]](https://forum.balancer.fi/t/bip-669-provide-80bal-20weth-weth-pol-on-ethereum/5894) too you see bigger amounts in the [final tx hash](https://etherscan.io/tx/0xe6be910a66cd0f541468625ff22121ab8c892b62af19f22334729b9687a0d86d) So given these numbers we actually - seeded $128,735 less than intended in the proposal given price volatility - of which were $31,017 to the DAO from the resulting “dust” All in all these calculations should explain the delta you saw. ---
**Author:** ![Jadmat](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/jadmat/32/3361_2.png) [@Jadmat](https://forum.balancer.fi/u/Jadmat)\ **Post date:** [September 6, 2024, 12:13pm UTC](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895/11 "2024-09-06T12:13:31Z")
Thank you for your reply @Xeonus I find it more accurate not to include the prices in the calculation, only for the interpretation of the final result. > [@Xeonus](#): > > - seeded $128,735 less than intended in the proposal given price volatility > - of which were $31,017 to the DAO from the resulting “dust” Possibly the difference between the 2 values you present here is my result, since they coincide. I do a breakdown between assets sent - assets received, only the price factor is included at the end, so the loss is closer to an asset loss than a market decline. > [@Xeonus](#): > > Transfer BAL to omnichain safe for distributing incentives later Do you know what stage this campaign is at? In previous messages I asked if an LM campaign was included, could the losses possibly come from there? ---
**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:** [September 6, 2024, 12:58pm UTC](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895/12 "2024-09-06T12:58:14Z")
> [@Jadmat](#): > > Do you know what stage this campaign is at? In previous messages I asked if an LM campaign was included, could the losses possibly come from there? These are the stats of the concluded incentive campaign ![image](https://canada1.discourse-cdn.com/flex027/uploads/balancer/original/2X/0/03d19b8fe482443ac37906d6f61d6e6b9bab350f.png) Ref: [https://balancer.defilytica.tools/rewards-injector](https://balancer.defilytica.tools/rewards-injector) We have not decided yet how to proceed with the remaining funds. We will coordinate with CoW DAO to design and execute on that the most efficient way possible when the time is right 🙂 ---
**Author:** ![Jadmat](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/jadmat/32/3361_2.png) [@Jadmat](https://forum.balancer.fi/u/Jadmat)\ **Post date:** [September 6, 2024, 2:48pm UTC](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895/13 "2024-09-06T14:48:15Z")
It says “Remaining 0”, I haven’t found out how much BAL is left from this campaign. Netting the BAL distributed from > [@Jadmat](#): > > **POL Net after strategy:** > -3.540,78 USDC > -87.553,24 BAL (approx) > 27,93 ETH would be like this: Changes in POL according to the strategy, excluding the LM campaign: -3540.78 USD -60569.11 BAL (approx.) +27.93 ETH I don’t know how much BAL is still in CoW’s possession, but this may be an important part of the difference between sent/returned assets that we see. A look, perhaps simplistic, seems to show a resulting difference on POL corresponding to more than 12% of the value equivalent to the assets sent, for a period of only 15 days; being that Cow helps to mitigate the LVR. Is this so? I appreciate this exchange with you @Xeonus ---
**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:** [September 6, 2024, 4:06pm UTC](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895/14 "2024-09-06T16:06:37Z")
> [@Jadmat](#): > > It says “Remaining 0”, I haven’t found out how much BAL is left from this campaign. We emitted 26,984.13 BAL to the target gauges you see in the screenshot. The remaining BAL for incentives is still in Balancer DAOs posession in the Omnichain safe managed by us. You can verify the amounts [here](https://etherscan.io/address/0x9ff471f9f98f42e5151c7855fd1b5aa906b1af7e). The table further above shows these transfers in the logs. BAL still reserved for incentives: 70,858.77 BAL In terms of portocol-owned liquidity (POL), balances constantly change. There is some IL that can accrue but overall LRV should mitigate that. We are working on showing that on the UI soon.