PR with Payload
Summary
This proposal seeks to enable the gauge for the xRPL/RPL pool on Balancer. By adding the gauge, the xRPL/RPL pool will be eligible for BAL emissions, incentivizing liquidity provision and supporting Rocket Pool governance token (RPL) trading.
Links
- Pool: xRPL/RPL Pool on Balancer
- Gauge: xRPL/RPL Gauge on Etherscan
- xRPL Contract Address: 0x1DB1Afd9552eeB28e2e36597082440598B7F1320
- RPL Contract Address: 0xD33526068D116cE69F19A9ee46F0bd304F21A51f
- Documentation on Gravita Protocol: Gravita Protocol Docs
- Constellation Overview: Constellation Docs
- NodeSet Security: Security Information
- Audits: Constellation Audits
- Twitter: @gravitaProtocol
- Dune Analytics: Gravita Dashboard
Motivation
xRPL is a yield-bearing derivative of the RPL token. By pairing it with RPL, the xRPL/RPL pool ensures efficient governance token trading, deep liquidity, and a robust yield ecosystem for Rocket Pool users.
This proposal aligns with Balancer’s strategic interest in supporting governance tokens and staking infrastructure.
Pool Details
- Pool ID: 0x90CDc7476F74f124466cAa70a084887F2a41677e
- Swap Fee: 0.15%
- Weights: 50% xRPL, 50% RPL
Security and Audits
xRPL and Constellation have undergone rigorous security measures, supported by:
Incentives
Future incentives, including xRPL emissions, will be allocated to this pool to attract liquidity and boost trading activity.
Benefits
- Deepens liquidity for Rocket Pool governance token pairs.
- Strengthens the yield-bearing token ecosystem.
- Enhances trading opportunities on Balancer with incentivized liquidity.