# \[BIP-82\] Enable bb-rf-aWETH/wstETH Gauge \[Optimism\]

**URL:** https://forum.balancer.fi/t/bip-82-enable-bb-rf-aweth-wsteth-gauge-optimism/3778
**Category:** BAL Gauges
**Created:** [September 23, 2022, 5:11pm UTC](https://forum.balancer.fi/t/bip-82-enable-bb-rf-aweth-wsteth-gauge-optimism/3778 "2022-09-23T17:11:22Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![solarcurve](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/solarcurve/32/1487_2.png) [@solarcurve](https://forum.balancer.fi/u/solarcurve)
#### Post date: [September 23, 2022, 5:11pm UTC](https://forum.balancer.fi/t/bip-82-enable-bb-rf-aweth-wsteth-gauge-optimism/3778/1 "2022-09-23T17:11:23Z")

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**Summary:**

> This pool uses the new composable stable pool factory which allows us to apply the protocol fee to yield bearing tokens. bb-rf-aWETH is `Beets Reaper Aave Boosted wETH`, which means we’re using a linear pool to deposit weth into a Reaper WETH Vault which only deposits into Aave. Reaper handles the autocompounding of any OP rewards which adds additional yield. For reference, Reaper is a fork of Yearn v2 run by the Byte Masons who are talented developers in their own right. BeethovenX has a close working relationship with the Byte Masons. In the absence of an Aave v3 compatible atoken wrapper this arrangement represents the best path forward, and arguably it’s better than using a wrapper since we get the additional compounding benefit. The kind of vault we’re using has held 9 figures of TVL and been thoroughly battle tested so it should add a negligible risk premium. Combined with the wstETH staking yield this pool will be one of the highest ETH yields available, even before incentives.

**References/Useful links:**

> Link to:  
> • [Website](https://stake.lido.fi/)  
> • [Documentation](https://blog.lido.fi/)  
> • [Github Page](https://github.com/lidofinance)  
> • [Communities](https://www.coingecko.com/en/coins/lido-dao)

**Protocol Description:**

> wstETH is liquid staked ETH. bb-rf-aWETH is Beets Reaper Aave Boosted wETH.

**Motivation:**

> We intend to become the number one liquidity destination for wstETH on Optimism. This pool is the cornerstone of that strategy - we will roll out additional pools with wstETH to help drive trading volume. This pool is also a great showcase for the power of boosted pools. It’s time to show the world the power of yield.

**Specifications:**

1. **Governance:** Find more information about governance on Lido’s [forum](https://research.lido.fi/).

2. **Oracles:** This pool relies on a rate provider for wstETH which the Orb Collective integrations team graciously deployed. See [here](https://optimistic.etherscan.io/address/0x9aa3cd420f830E049e2b223D0b07D8c809C94d15).

3. **Audits:** See [here](https://github.com/lidofinance/audits).

4. **Centralization vectors:** See [here](https://lido.fi/faq) for information on this.

5. **Market History:** See here.

6. **Value:** We will earn the protocol fee on wstETH and bb-rf-aWETH yield. As a reminder, protocol fees on Optimism are split 50% to Balancer (passively to DAO & veBAL) and 50% to BeethovenX. Of BeethovenX’s 50%, half is returned as incentives on Optimism pools either via bribes or direct LM. The other half is split between funding the team and accumulating veBAL/auraBAL/vlAURA per this [recent proposal](https://snapshot.org/#/beets.eth/proposal/0x3d6e0373f0f1c041a82e6108a01aee2e00a21be43667259126b70e5fd2a5f93a). Thus emissions towards this gauge both benefit passive veBAL _and_ serve to help our flywheel accelerate our growth on Optimism.

Link to [pool](https://op.beets.fi/pool/0xde45f101250f2ca1c0f8adfc172576d10c12072d00000000000000000000003f)  
Link to gauge: [0x74CE2247eC3f0b87BA0737497e3Db8873c184267](https://etherscan.io/address/0x74ce2247ec3f0b87ba0737497e3db8873c184267#readContract)

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### Author: ![ZenDragon](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/zendragon/32/1542_2.png) [@ZenDragon](https://forum.balancer.fi/u/ZenDragon)
#### Post date: [September 23, 2022, 6:10pm UTC](https://forum.balancer.fi/t/bip-82-enable-bb-rf-aweth-wsteth-gauge-optimism/3778/2 "2022-09-23T18:10:57Z")

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Shoutout to the BEETs team for this layer of innovation. Cool innovations as always.

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### Author: ![Xeonus](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.balancer.fi/xeonus/32/3621_2.png) [@Xeonus](https://forum.balancer.fi/u/Xeonus)
#### Post date: [September 29, 2022, 12:36pm UTC](https://forum.balancer.fi/t/bip-82-enable-bb-rf-aweth-wsteth-gauge-optimism/3778/3 "2022-09-29T12:36:54Z")

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[https://vote.balancer.fi/#/proposal/0x126128c42bbaa9b6f371a7cb69abdbbedf0f97d26213e666f5f083ca9e742145](https://vote.balancer.fi/#/proposal/0x126128c42bbaa9b6f371a7cb69abdbbedf0f97d26213e666f5f083ca9e742145)
