[BIP-867] Grant Universal Gauge Management Permissions

Governance General Proposal
1

PR with Payload

Motivation

This BIP proposes to grant universal gauge management permissions to the Maxi Omni multisig to streamline gauge operations and reduce turnaround time for gauge management activities. Currently, gauge management operations require individual permission grants for specific functions, creating bottlenecks and delays in routine gauge maintenance and administration.

These permissions will remain under full DAO governance control. The Maxi Omni multisig will only execute gauge management actions following explicit DAO approval through snapshot votes. This proposal changes the execution multisig from individual permission grants to a streamlined execution model, while maintaining the requirement for DAO governance approval for all gauge management decisions.

By granting these execution permissions, the Balancer DAO can enable more efficient gauge operations while preserving the governance oversight and approval process through established DAO voting mechanisms.

Gauge Management Permissions

The authorizer will grant the following permissions to Maxi Omni (0x9ff471F9f98F42E5151C7855fD1b5aa906b1AF7e):

Action ID Summary

Function Action ID Description
GaugeAdder.addGauge(address,string) 0x83dc5eaaade2c71d34c71bd21fe617f5f6d83bf53bd9d886d00c756e386b8cd1 Add new gauges to the system
GaugeAdder.addGaugeType(string) 0x2960d085c4c968d7cad55c0da3f97014525b948fdce990ecaef4e832b5f0b151 Add new gauge types
GaugeAdder.setGaugeFactory(address,string) 0x3f44776af02a9227991da37715b44e45db40735e216b3ab33144859bb6737166 Set gauge factory addresses
LiquidityGaugeV5.setRelativeWeightCap(uint256) 0xae60dce27f51ce5815357b9f6b40f200557867f8222262a1646c005d09b7dfba Set relative weight caps for gauges
LiquidityGaugeV5.unkillGauge() 0x076e9815202aa39577192023cfa569d6504b003183b2bc13cd0046523dfa23ea Reactivate killed gauges
LiquidityGaugeV5.killGauge() 0xec1d467d9ab03a0079c22a89037209f5763aec973897ea763e2cf25d71a5f12e Deactivate gauges

Detailed Action ID Mapping

  • 20230519-gauge-adder-v4/GaugeAdder.addGauge(address,string)

    • Action ID: 0x83dc5eaaade2c71d34c71bd21fe617f5f6d83bf53bd9d886d00c756e386b8cd1
    • Function: Enable addition of new liquidity gauges

  • 20230519-gauge-adder-v4/GaugeAdder.addGaugeType(string)

    • Action ID: 0x2960d085c4c968d7cad55c0da3f97014525b948fdce990ecaef4e832b5f0b151
    • Function: Enable addition of new gauge types to the system

  • 20230519-gauge-adder-v4/GaugeAdder.setGaugeFactory(address,string)

    • Action ID: 0x3f44776af02a9227991da37715b44e45db40735e216b3ab33144859bb6737166
    • Function: Set and update gauge factory contract addresses

  • 20220822-mainnet-gauge-factory-v2/LiquidityGaugeV5.setRelativeWeightCap(uint256)

    • Action ID: 0xae60dce27f51ce5815357b9f6b40f200557867f8222262a1646c005d09b7dfba
    • Function: Set maximum relative weight caps for gauge emissions

  • 20220325-mainnet-gauge-factory/LiquidityGaugeV5.unkillGauge()

    • Action ID: 0x076e9815202aa39577192023cfa569d6504b003183b2bc13cd0046523dfa23ea
    • Function: Reactivate previously killed gauges to resume emissions

  • 20220325-mainnet-gauge-factory/LiquidityGaugeV5.killGauge()

    • Action ID: 0xec1d467d9ab03a0079c22a89037209f5763aec973897ea763e2cf25d71a5f12e
    • Function: Deactivate gauges to stop emissions

Technical Specification

The implementation will use the grantRoles function on the Balancer Authorizer to assign the specified action IDs to the Maxi Omni multisig address.

Target: Balancer Authorizer
Function: grantRoles
Grantee: 0x9ff471F9f98F42E5151C7855fD1b5aa906b1AF7e (Maxi Omni)
Action IDs: 
  - 0x83dc5eaaade2c71d34c71bd21fe617f5f6d83bf53bd9d886d00c756e386b8cd1
  - 0x2960d085c4c968d7cad55c0da3f97014525b948fdce990ecaef4e832b5f0b151
  - 0x3f44776af02a9227991da37715b44e45db40735e216b3ab33144859bb6737166
  - 0xae60dce27f51ce5815357b9f6b40f200557867f8222262a1646c005d09b7dfba
  - 0x076e9815202aa39577192023cfa569d6504b003183b2bc13cd0046523dfa23ea
  - 0xec1d467d9ab03a0079c22a89037209f5763aec973897ea763e2cf25d71a5f12e

Risk Assessment

These permissions grant the Maxi Omni multisig comprehensive control over gauge lifecycle management. The risk is mitigated by:

  1. Multi-signature requirement: All actions require consensus from multiple signers
  2. Established governance: The Maxi Omni multisig operates under established DAO governance frameworks. Any gauge management transaction needs a governance vote before being queued in the multi-sig.
  3. Transparency: All transactions are publicly visible on-chain
  4. Reversibility: The DAO retains the ability to revoke these permissions if needed

Benefits

  • Reduced operational friction: Eliminates the need for individual permission grants and involvement of the DAO multi-sig for routine gauge management
  • Faster response times: Enables quicker responses to gauge-related issues and requests (days instead of weeks)
  • Operational efficiency: Streamlines the gauge management workflow
  • Consistent management: Provides unified approach to gauge lifecycle management
2 Likes
2

great! this will take a load of the dao multisig which already has a lot to process

also this allows for weekly instead of monthly turnaround, which can matter a lot in the case of gauges (eg new token launches)

2 Likes
3

https://snapshot.box/#/s:balancer.eth/proposal/0x4490d4141340bfe673b231454410afcef3e3fd1be0848e7ad7118cb893624907

1 Like