PR With Payload
Summary
This is a proposal to enable one uncapped Balancer gauge on Gnosis Chain for an sDAI/aUSDC.e E-CLP.
References/Useful links
Links
Protocol Description
- aUSDC.e is the deposit receipt token issued by the Aave protocol to lenders of bridged USDC. 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.
- Savings Dai (sDAI) is a tokenized, yield-bearing representation of Dai deposited in the Dai Savings Rate (DSR) offered by MakerDAO.
Motivation
Gyroscope is launching further strategic pools.
Specification
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’: sDAI rate provider on Gnosis Chain: 0x89C80A4540A00b5270347E02e2E144c71da2EceD
and relevant review .- ‘rateProvider1’: aUSDC.e rate provider on Gnosis Chain: 0x5F62fd24941B585b91EB059E0ea1a7e729357511
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: This is the first sDAI/aUSDC.e E-CLP on Gnosis Chain.
Value: This pool is intended to be the primary source of liquidity for the token(s).
Contracts
- E-CLP: 0xaa56989Be5E6267fC579919576948DB3e1F10807
- Child Chain Gauge on Gnosis Chain: 0x9ED250d67c4E5F5B2b5F982a678eD1c0ba011207
- Root Chain Gauge: 0xc0b75da8E6F6403804EFEFDE3101b02276C5f8EA
Specification
Transaction: The Balancer Maxi LM Multisig
eth:0xc38c5f97B34E175FFd35407fc91a937300E33860
will interact with the GaugeAdderv4 at0x5DbAd78818D4c8958EfF2d5b95b28385A22113Cd
and call theaddGauge
function with the following arguments:gauge(address):
0xc0b75da8E6F6403804EFEFDE3101b02276C5f8EA
gaugeType(string):Gnosis