# \[BIP-666\] Provide Balancer DAO POL to CoWAMM Pools

**URL:** <https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895>\
**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:** 1\
**Showing post:** 10

<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:** [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")

</div>

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.

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_[View the full topic](https://forum.balancer.fi/t/bip-666-provide-balancer-dao-pol-to-cowamm-pools/5895)._