[BIP-889] Deploy Balancer v3 on Monad

Prior community signal

Balancer DAO has already discussed the Monad blockchain in [BIP-571] Deploy Balancer on Monad. That thread documented early alignment and a Snapshot reference. As representatives of the Monad Foundation, we would like to align scope, guardrails, and checkpoints through this formal proposal as we move into launch readiness for Monad mainnet.


Summary

This proposal seeks Balancer governance approval to deploy and operate Balancer v3 on the Monad Network through a multi-stage deployment.

As discussed with multiple Balancer teams and service providers, the approach initially grants all operational permissions to Balancer Onchain Limited, enabling protocol operations with flexibility and responsiveness in the rapidly evolving multi-chain landscape while establishing meaningful success criteria for each deployment phase.


Rationale

Monad overview
Monad is an upcoming high-performance, EVM-equivalent Layer 1 introducing parallelized EVM execution to achieve 10,000 transactions per second, 1-second block times, and single-slot finality, all while maintaining full bytecode-level compatibility with the existing EVM.
The private mainnet is live, and the public mainnet launch is planned for mid-November 2025.

Strategic alignment with Balancer
Deploying Balancer products on Monad presents a significant opportunity for both ecosystems. By bringing Balancer’s advanced DeFi infrastructure to a fast, low-latency network, this collaboration expands access to sophisticated liquidity mechanisms while uniting two vibrant, innovation-driven communities.

Launchpad & liquidity layer potential
Balancer v3 LBPs (Liquidity Bootstrapping Pools) are now live, fully audited, and already proven in production. As a capital-efficient and fair token distribution mechanism, LBPs establish Balancer as a premier launch primitive on Monad. Combined with Monad’s growing builder pipeline and high-performance architecture, this makes it an ideal venue for teams to conduct high-impact, transparent, and efficient token launches from day one.

Incentive alignment
Further amplifying this synergy is Monad Momentum, our recently announced incentive-matching program. Momentum is designed to reward real activity and sustainable revenue, creating a strong foundation for a checkpointed rollout of Balancer products, aligning long-term ecosystem growth with meaningful on-chain participation.


Launch Scope

Standard Balancer v3 contracts:
Boosted, Stable, Weighted, Stable Surge, LBP, and reCLAMM pools

Day-one pools:
TBD (to be finalized with partners and the Balancer Growth team)

Reward distribution and governance:
Reward distribution infrastructure and veBAL voting integration will go live after the second checkpoint.

Admin and safety (as advised by MAXYZ):

  • Admin privileges: Omni multisig via nested safe setup (Operator and Balancer Onchain Ltd safes as signers)

  • Dedicated emergency multisig established


Checkpoints

Numbers are conservative for a new L1 and can be tuned through community discussion.
Timing is measured from the initial deployment of Balancer contracts on Monad.

Month 1 checkpoint

  • ≥ $10 M TVL in total

  • At least 5 fully functional pools gaining volume from integrated aggregators

  • ≥ $3 K in revenue to the DAO

Decision: If reached, confirm Monad as a strategic deployment and continue deeper integration efforts. If not reached, reassess focus and resource allocation.

Month 3 checkpoint

  • ≥ $25 M TVL in total

  • ≥ $10 K in revenue to the DAO

  • At least 5 pools with ≥ $2 M TVL each and ≥ 15 % utilization

Decision: If reached, confirm Monad as a strategic deployment, deepen integration, and deploy reward distribution and veBAL voting integration. If not reached, reassess focus and resource allocation.

Month 6 checkpoint

  • ≥ $50 M TVL in total

  • ≥ $25 K in DAO revenue

  • At least 5 pools with ≥ $4 M TVL each

  • Reward injector infrastructure live and fully operational incentive program

Decision: If reached, confirm Monad as a strategic deployment and expand tokenomics integration. If not, reassess continuation or scale-down.


Risks and Mitigations

  • Performance risk: If goals fall short, Balancer can pause further development and reassess at each checkpoint.

  • Security: Only audited v3 contracts will be deployed. Emergency permissions are assigned to a dedicated emergency multisig, consistent with other Balancer chain deployments.


Treasury Impact

  • No direct ask to the Balancer Treasury at launch.

Conclusion

Deploying Balancer v3 on Monad offers the DAO a chance to establish a leading role on a high-performance, EVM-equivalent Layer 1 with strong builder momentum and ecosystem support. By starting lean, focusing on audited and production-ready products such as LBPs, and setting checkpoints with clear success metrics, we align growth potential with disciplined execution.

Approval of this proposal signals **Balancer DAO’s intent to expand into a promising new ecosystem built for speed, scalability, and on-chain innovation.
**
At Monad, we are committed to delivering on our performance goals and ensuring this deployment meets its targets so Balancer can secure a central position in Monad’s liquidity stack, attract early builders to launch with Balancer primitives, and strengthen the multi-chain strategy shared by both ecosystems.

1 Like

Hi @0x_Abdul and the Monad Foundation team,

Thank you for this proposal. It’s great to see the Monad team doubling down on your partnership with Balancer and wanting v3 to be a core piece of your mainnet launch. This level of commitment, especially at this moment, is a significant and welcome signal to the entire Balancer community.

I’m also fully aligned with the phased, checkpoint based rollout. It’s a smart and responsible framework, and it builds naturally on the alignment we already had with BIP-571. Excited to see the community discuss this and hopefully see it move forward together.

1 Like

Thank you for the proposal and the phased approach. I think our experience with deploying Balancer on other chains have shown this is the best way to measure adoption and align use of resources. It’s really great to see this support for Balancer v3, especially after last week’s events on v2. I’m particularly bullish on LBPs, which might not be directly related to these milestones - meaning v3 can still be a success on Monad even if we miss the mark on the checkpoints above. Full support!

2 Likes

Hi, Raf from Tally here. We’d be keen to see Balancer support Monad. At Tally, we plan to offer our services to Monad ecosystem projects. We’re particularly focused on helping them launch their tokens with fair and transparent onchain auctions using Balancer LBPs.

2 Likes

In full support of the proposal to deploy on Monad.

For clarification:

This is not fully correct. According to BIP-882 our new nested safe setup grants operational authority to the omni-sig holding admin permissions for both the operator and the Balancer Onchain Ltd safe. This will not change at any given time.

Edit by MAXYZ:

  • assign BIP ID
  • corrected wording on admin privilieges / omni setup

https://snapshot.org/#/s:balancer.eth/proposal/0x6d9109bb163a7f4d3503215e9e4d01245f5c2d9c4adcfca586b13bd6f860a956

1 Like