Voting Actions - June 24th -28th
Proposal: [BIP-637] Wire Up Fraxtal Gauges and Cross Chain Boost
Vote: Yes, let’s do it
Reasoning: We support this proposal. It is a set of operational steps to make the Fraxtal deployment fully functional.
Proposal: [BIP-638] Claim and Relock Balancer DAO’s Additional AURA/vlAURA
Vote: Yes, let’s do it
Reasoning: We support relocking BalancerDAO’s Aura tokens for the next 16 weeks. That will give us voting power to direct emissions, boosting our BD efforts.
Proposal: [BIP-639] Enable Gauge for weETH/wstETH on Optimism
Vote: Yes, let’s do it
Reasoning: As a general rule, we support the addition of LST/LRTs gauges on Balancer. This pool can increase the protocol fees and generate trading volume for the platform.
Proposal: [BIP-640] Enable USDC.e/USDT/sDAI gauge [Gnosis]
Vote: Yes, let’s do it
Reasoning: We support this proposal. This gauge will replace the older USDC one and further the adoption of a compliant USDC token on the Gnosis Chain, which is crucial for enhancing its DeFi ecosystem.
Proposal: [BIP-641] Enable wstETH/WETH E-CLP gauge [Arbitrum]
Vote: Yes, let’s do it
Reasoning: We support this proposal. Gyroscope is further expanding on Arbitrum, and this pool is replacing a previously deployed E-CLP for the same assets. It is calibrated to have a better-fitting liquidity shape.
Proposal: [BIP-642] Enable GYD/aUSDC and GYD/aUSDT Rehype gauges [Arbitrum]
Vote: Yes, let’s do it
Reasoning: We support this proposal, as Gyroscope want to have the option of participating in the voting incentives market.
Proposal: [BIP-643] Enable Gauges for BAO/baoUSD-LUSD 80/20 and BAO/baoETH-ETH 80/20 w 2% cap [Ethereum]
Vote: Yes, let’s do it
Reasoning: We support this proposal. The project is changing the current pools to 80/20 ones, and will incentivize them in the voting incentives platforms.
Proposal: [BIP-644] Enable Gauge for amphrETH/rstETH/Re7LRT/steakLRT/wstETH (Ethereum)
Vote: Yes, let’s do it
Reasoning: As a general rule, we support the addition of LST/LRTs gauges on Balancer. This pool can increase the protocol fees and generate trading volume for the platform.
Proposal: [BIP-645] Enable Gauge for inETH/wstETH [Arbitrum]
Vote: Yes, let’s do it
Reasoning: As a general rule, we support the addition of LST/LRTs gauges on Balancer. This pool can increase the protocol fees and generate trading volume for the platform.
Proposal: [BIP-646] Enable Gauge for instETH/wstETH [Arbitrum]
Vote: Yes, let’s do it
Reasoning: As a general rule, we support the addition of LST/LRTs gauges on Balancer. This pool can increase the protocol fees and generate trading volume for the platform.
Proposal: [BIP-647] Supporting the DUCATA Initiative
Vote: Yes, let’s do it
Reasoning: We support this proposal. It is a new revenue source for Balancer and has the potential to showcase our technology for future similar arrangements.
Proposal: [BIP-648] Balancer DAO Financial Reporting by karpatkey
Vote: Abstain
Reasoning: We are the authors of this proposal.
Proposal: [BIP-649] Enable TXAU:USDC; TXAG:USDC; TXAU:TXAG:WETH Gauges with 2% emissions cap [Polygon]
Vote: Yes, let’s do it
Reasoning: We support this proposal. Aurus protocol intends to use these pools as the primary liquidity source for their tokens, which can drive a significant trading volume and fees for Balancer.