[BIP-808] Enable Aave Boosted Pool Gauges on Base

PR with Payload

Summary

Enable Aave Boosted GHO/USR and GHO/EURC Gauges on Balancer v3 Base deployment.

These pools are to be considered “core pools” with protocol fees earned being partially allocated towards Quests on Paladin to attract token emission yield.

Motivation

This publication proposes introduce two new poools and gauge mechanisms to enhance liquidity efficiency and yield opportunities on the Base network.

USDC and EURC are both deployed on Aave v3 with USR not yet listed on Aave. The Resolve team is expected to provide points, with Pendle and Spectra anticipated to build yield markets on top of the aBasGHO/USR liquidity pool.

The following Balancer v3 pools and gauges are to be created:

Network Pool Type Constituents
Base Boosted aBasGHO / USR
Base Boosted aBasGHO / aBasEURC

You can find detailed information about all these assets in the rate provider registry, which serves as a comprehensive source for all relevant details required for the review.

Specification

Enable Gauges

The Balancer Maxi LM Multisig 0xc38c5f97B34E175FFd35407fc91a937300E33860 will interact with the GaugeAdderv4 at 0x5DbAd78818D4c8958EfF2d5b95b28385A22113Cd and call the addGauge function with the following arguments based on the table above:

Boosted aBasGHO/aBasEUR

Pool address: 0x9Ab907FB3e098103ca048Ad26E501Bf7B3dfA3EB
Root Gauge: 0xB1E8ec305b0b29097a117CaFC9721A553533E54C
Child Gauge: 0xD8376B72E609A410999398b70218F70ae9B310F5
GaugeType(string): Base

Boosted aBasGHO/USR

Pool address: 0x5b14ce8DE84448e9A6F6aF652af318472aA4FCAF
Root Gauge: 0x1B7E33186C7e9C337508bB65EA9dc498aB14fcAE
Child Gauge: 0xec16621C9bD547d64B93c17B51838Ff173bB6DD1
GaugeType(string): Base

Disclosure

TokenLogic is a service provider to Aave DAO and receives no payment for creating this proposal.

Edit:

  1. Adding pool and gauge addresses with links to be specification section
  2. Follow up edit for replacing the EURC pool with a new pool + gauge due to using a Forex rate provider. Rate provider from Chainlink must be Crypto market to have 365-24 hour coverage.
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https://snapshot.box/#/s:balancer.eth/proposal/0xa0c998718c02ebeb1135605352d5108d0b7d92c2b7f43b68cec8bcb7c8e07865

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