# \[BIP-692\] Enable sDAI/aUSDC.e E-CLP Gauge \[Gnosis\]

**URL:** https://forum.balancer.fi/t/bip-692-enable-sdai-ausdc-e-e-clp-gauge-gnosis/5975
**Category:** BAL Gauges
**Created:** [September 4, 2024, 7:42am UTC](https://forum.balancer.fi/t/bip-692-enable-sdai-ausdc-e-e-clp-gauge-gnosis/5975 "2024-09-04T07:42:43Z")
**Posts on this page:** 1
**Page:** 1

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### Author: ![jooooo5as](https://avatars.discourse-cdn.com/v4/letter/j/bc8723/32.png) [@jooooo5as](https://forum.balancer.fi/u/jooooo5as)
#### Post date: [September 4, 2024, 7:42am UTC](https://forum.balancer.fi/t/bip-692-enable-sdai-ausdc-e-e-clp-gauge-gnosis/5975/1 "2024-09-04T07:42:43Z")

</div>

PR With Payload

> <https://github.com/BalancerMaxis/multisig-ops/pull/1339>
>
> Proposal: https://forum.balancer.fi/t/bip-xxx-enable-sdai-ausdc-e-e-clp-gauge-gn…osis/5975
> 
> Rate Provider Reviews:
> sDAI: https://github.com/balancer/code-review/blob/main/rate-providers/SavingsDAIRateProviderGnosis.md
> 
> aUSDC: https://github.com/balancer/code-review/pull/146

**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
> 
> - [Documentation of E-CLPs](https://docs.gyro.finance/gyroscope-protocol/concentrated-liquidity-pools/e-clps)
> - [Website](https://gyro.finance/)
> - [Github](https://github.com/gyrostable)
> - [Discord](https://discord.com/invite/2vnqnS7wE6)
> - [X](https://twitter.com/GyroStable)

**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**

> 1. **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.
> 
> 2. **Oracles:**
> 
> - ‘rateProvider0’: sDAI rate provider on Gnosis Chain: [0x89C80A4540A00b5270347E02e2E144c71da2EceD](https://gnosisscan.io/address/0x89C80A4540A00b5270347E02e2E144c71da2EceD)  
> and relevant [review](https://github.com/balancer/code-review/blob/main/rate-providers/SavingsDAIRateProviderGnosis.md).
> - ‘rateProvider1’: aUSDC.e rate provider on Gnosis Chain: [0x5F62fd24941B585b91EB059E0ea1a7e729357511](https://gnosisscan.io/address/0x5F62fd24941B585b91EB059E0ea1a7e729357511)
> 
> 1. **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.
> 
> 2. **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.
> 
> 3. **Market History:** This is the first sDAI/aUSDC.e E-CLP on Gnosis Chain.
> 
> 4. **Value:** This pool is intended to be the primary source of liquidity for the token(s).

#### Contracts

> - E-CLP: [0xaa56989Be5E6267fC579919576948DB3e1F10807](https://gnosisscan.io/address/0xaa56989Be5E6267fC579919576948DB3e1F10807)
> - Child Chain Gauge on Gnosis Chain: [0x9ED250d67c4E5F5B2b5F982a678eD1c0ba011207](https://gnosisscan.io/address/0x9ED250d67c4E5F5B2b5F982a678eD1c0ba011207)
> - Root Chain Gauge: [0xc0b75da8E6F6403804EFEFDE3101b02276C5f8EA](https://etherscan.io/address/0xc0b75da8E6F6403804EFEFDE3101b02276C5f8EA)

#### 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): `0xc0b75da8E6F6403804EFEFDE3101b02276C5f8EA`  
> gaugeType(string): `Gnosis`
