PR with Payload
Summary
This is a proposal to enable one uncapped Balancer gauge on Arbitrum for an aGHO/USDe E-CLP.
References/Useful links
Protocol description
- aGHO is the deposit receipt token issued by the Aave protocol to lenders of GHO. Since aTokens are rebasing, this pool uses BGD Labs’s statA wrapper that is a repricing representation of statA tokens that reflects the accruing lending yield. GHO is issued by Aave.
- USDe is a “delta-neutral synthetic dollar” issued by Ethena.
Motivation
Gyroscope is launching further strategic pools.
Specifications
Governance
The Gyroscope Protocol will be governed by a DAO and relevant stakeholder with the full launch on Ethereum. For now, the FTL Labs multi-sig can pause the pool, change the swap fee and set the protocol fee. As a custom pool by Gyroscope, the E-CLP will be controlled by Gyroscope governance upon its launch.
Oracles
- ‘rateProvider0’ for aGHO: 0x177862A0242acD8b5F9cc757a963c1C8883da45E and relevant review.
- ‘rateProvider1’ for USDe: 0x0000000000000000000000000000000000000000
Audits
Audit reports by Nethermind, Trail of Bits, and Runtime Verification can be accessed here (the E-CLP is called the “CEMM” in these reports). In addition, the E-CLP code has been live in production since November 2022.
Centralization vectors
No centralization vectors. The FTL Labs team’s multi-sig can - currently - pause the pool, change the swap fee and set the protocol fee.
Market History
- The Gyroscope Protocol is live on Ethereum since EOY23, with E-CLPs on several other chains. Details available here .
- This is the first aGHO/ USDe E-CLP.
Value
As per “Motivation”.
Contracts
- E-CLP: 0x38161e9eFb8De52D00A1eB0f773223FD28FDd7c2
- Child gauge on Arbitrum: 0xcfab2efeF3aFfdd158568DC896115Eac26B3C498
- Arbitrum root gauge on Ethereum: 0xD558C611B69a223767788B638717E868D8947Fd0
Specification
Transaction: 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):
0xD558C611B69a223767788B638717E868D8947Fd0 - gaugeType(string):
Arbitrum