Vebalrepresentative.eth (aka ZeKraken) Thread

Delegate Citadel
21

[BIP-78] Delegate Aave Holding to Llama

Voted Yes, Llama has been a mainstay of the Aave community and know the protocol well, it makes total sense to delegate our voting power to them

[BIP-79] Enable COMP/wstETH Gauge [Ethereum]

Voted Yes, gives the COMP whale an alternative choice for their voting power, they can farm with their COMP position and they can earn the DAO revenue at the same time

[BIP-80] Enable bb-rf-asUSD/bb-rf-aUSD Gauge [Optimism]

Voted Yes, just like with the BEETS platform these pools serve as great experimentation of the Balancer tech.

[BIP-81] Enable wstETH/bb-rf-aUSD/bb-rf-aWBTC 50/25/25 Gauge [Optimism]

Voted Yes, see above

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

Voted Yes, see above

22

[BIP-83] Enable DOLA/bb-a-USD Gauge [Ethereum]

Voted Yes, good to see more tokens using the bba-usd pool for base liquidity

23

[BIP-84] Revoke Hexagon’s Friendly Fork Status

Voted Yes, it’s a shame what happened with UST right before the big platform launch, but the project team did say they were working on a plan to still get things up and running and yet that never happened. Slowly over time there were less and less updates on what was going on. This project is considered dead in my eyes, however the team always has the option to reapply for a FF if they ever figure out how they want to move forward.

[BIP-85] Redeem TRIBE

Voted Yes, no brainer here

[BIP-86] Enable bb-rf-aUSDC/bb-rf-aUSDT/bb-rf-aDAI Gauge [Optimism]

Voted Yes, as mentioned probably a few times now, I think the community should appreciate the explorative nature of the BEETS team in terms of finding use cases for the Balancer Tech. These types of pools is what was exactly in mind when the ‘boosted’ framework came out

[BIP-87] Enable rETH/bb-rf-aUSD/rf-grain-OP 50/25/25 Gauge [Optimism]

Voted Yes, see BIP-86

[BIP-88] Enable rETH/BEETS/bb-rf-aUSD/bb-rf-grBAL Gauge w/2% emissions cap [Optimism]

Voted Yes, see BIP-86. I also like that they self imposed a cap for this gauge due to the BEETS token being part of the pool

[BIP-89] Enable wstETH/bb-a-usd Gauge [Ethereum]

Voted Yes, see BIP-86

[BIP-90] Enable rETH/bb-a-usd Gauge [Ethereum]

Voted Yes, see BIP-86

24

[BIP-91] Temporarily Adjust Optimism Fee Split

Voted Yes, we don’t seem to be giving up much to potentially gain a lot more. if nothing else we go back to where we were before, but hopefully that isn’t the case

[BIP-92] Deploy Liquidity Bootstrapping Pools to BNB Chain

Voted Yes, getting balancer tech on other chains is a win. we just don’t want to have to actively support too many protocols

[BIP-93] Enable BADGER/rETH 50/50 Gauge [Ethereum] w/10% emissions cap

Voted No, i didn’t disagree with the pool’s construction and appreciate that a cap was being applied, but still felt that 10% was too high of a cap, 2% or 5% would have probably been a better starting place in my eyes

[BIP-94] Enable wstETH/LDO Gauge [Arbitrum]

Voted Yes, i think these pools are very important to the future of the Balancer protocol

[BIP-95] Enable wstETH/LDO Gauge [Optimism]

Voted Yes, see BIP-94

2 Likes
25

[BIP-96] Enable palStkAAVE/AAVE 80/20 Gauge w/ 2% emissions cap [Ethereum]

Voted Yes, since the pool is capped there is limited downside risk

[BIP-97] Enable IB/rETH 50/50 Gauge w/2% emissions cap[Optimism]

Voted Yes, i went back and forth on this one, ultimately i think the cap acts as a sufficient backstop

[BIP-98] Fjord (Formerly Copper) and Balancer Exclusive Partnership

Voted Yes, we had some discussions with the Fjord team and ultimately worked out a deal that is beneficial to both sides

[BIP-99] Pay DAO Multisig Stipends for H2 ‘22

Voted Yes, makes sense to hold up to the agreement

[BIP-100] Allocate BAL Liquidity to Silo Finance

Voted Yes, granting additional utility to BAL holders

[BIP-101] Enable tetuQi/QI Stable Pool Gauge with 2% emissions cap (Polygon)

Voted Yes, the gauge parameters were adjusted so i no longer have any serious issues with the pool. the pool is also capped

[BIP-102] Enable the THX/stMATIC Gauge on Polygon with 2% cap

Voted Yes, THX has been on the platform for awhile now, see no reason to not allow this gauge

[BIP-103] Karpatkey Balancer Treasury CU Proposal Update

Voted Yes, based on conversations with the Karpatkey team this seemed like a great way to put idle assets to work, but i guess in the end certain community members thought this wasn’t the way

2 Likes
26

[BIP-103] Karpatkey Balancer Treasury CU Proposal Update [second vote]

Voted Yes, same as first vote

[BIP-104] Enable the STG/bb-rf-aUSDC Gauge [Optimism]

Voted Yes, thanks to Maki for bringing across the Stargate liquidity

[BIP-105] Enable STG/bb-a-USD Gauge [Ethereum]

Voted Yes, same answer as BIP-104

[BIP-106] Enable sfrxETH/wstETH/rETH Gauge [Ethereum]

Voted Yes, tri-staking ETH pool, say no more

[BIP-107] Retire TEMPLE/DAI & Enable TEMPLE/bb-a-USD 50/50 Gauge w/10% emissions cap [Ethereum]

Voted Yes, appreciate the TEMPLE team retiring the old gauge in favor of a pool including bb-a-USD, hope to see more pools linked to the base stable liquidity pool

27

[BIP-108] Enable SD/MaticX 80/20 Gauge with 2% emissions cap (Polygon)

Voted Yes, since there is a 2% cap i don’t see any issue with this gauge

[BIP-109] Whitelist Aragon Gnosis Safe for Balancer’s VotingEscrow

Voted Yes, competition for holding veBAL is good when it is used responsibly. nothing against Aragon, more of a reminder it is up to the community to make sure the gauge framework is solid.

[BIP-110] Enable T/WETH 80/20 Gauge w/2% emissions cap [Ethereum]

Voted Yes, same as above, okay with these types of gauges for lower MC tokens if there is a limit on the maximum votes received

[BIP-111] Index Coop x Balancer DAO Partnership

Voted Yes, managed pools are very important for the future, we need some good solid use cases live in production. Index Coop has been around for quite awhile so I’m hoping they can deliver some solid product sets in the future

2 Likes
28

[BIP-112] Adjust Balancer Snapshot for Aura AIP-17

Voted Yes, hmm well I guess yet again the majority of voters were overtaken by the few. seems like this was yet another contentious vote that will lead to more fighting amongst a few parties rather than trying to build a better platform for all (and in a thoughtful way).

2 Likes
29

[BIP-113] Adjust Balancer Snapshot for AIP-17

Voted Yes, not sure why balancer governance is getting so involved in Aura trying to limit their voting power. The system they are trying to switch to has been in use elsewhere for more than a year. They tried something different at the beginning so credit for that. If the majority of people want this change not sure why a few people are holding it back, maybe i’m missing something.

3 Likes
30

[BIP-114] Symmetric as the Official Friendly Fork of Balancer on Celo

Voted Yes, this proposal came up a few times over the past few months, i think it is now time to let the team see what they can build

[BIP-115] Balancer Smart Vaults Fee Collector

Voted Yes, this proposal is very important for decentralizing and automating necessary tasks

[BIP-116] Enable TETU/USDC 80/20 Gauge w/2% emissions cap (Polygon)

Voted Yes, all good with the 2% cap

[BIP-117] Holdr Friendly Fork Proposal

Voted Yes, no problem with this friendly fork, let’s see what they can do

[BIP-118] Appointment of director to the Balancer Foundation

Voted Yes, necessary to get a replacement for MkFlow, Danko is more than competent for this role

[BIP-119] Adding a Gauge for the New qETH/ETH Pool [Ethereum]

Voted Yes, didn’t have a real issue with this pool without a cap, but it could have lead to more addresses purely liquidity farming

[BIP-120] Cleanup Unused Gauges

Voted Yes, good for the UX change, projects can always reapply

[BIP-121] Permission granting - Recovery Mode

Voted Yes, functionality exists for a reason, so it must be assigned to someone to use if required

[BIP-122] Retire OHM/DAI/WETH Gauge & Add OHM-ETH + OHM-DAI Gauges [Ethereum]

Voted Yes, no problem with this as it was a request by the project team

[BIP-123] Enable cbETH/wstETH Gauge [Ethereum]

Voted Yes, love me some more staked eth pools

[BIP-124] Enable WETH/LUSD/LQTY Gauge [Ethereum] with 10% emission cap

Voted Yes, well known project, glad to have them on board

[BIP-125] Enable wstETH/ACX 50/50 Gauge [Ethereum]

Voted Yes, glad they went with Balancer for primary liquidity provider

[BIP-126] Whitelist Fjord’s Gnosis Safe for Balancer’s VotingEscrow

Voted Yes, no reason to not onboard their multisig

[BIP-127] Adding a Gauge for the New qETH/ETH Pool w/2% emissions cap [Ethereum]

Voted Yes, no problem adding this gauge with a 2% cap

[BIP-128] Peace Treaty

Voted Yes, very important for the future of Balancer, glad this agreement was able to be reached

[BIP-129] Swap BAL for USDC using Aave’s Bonding Contract

Voted Yes, not sure the time was right, but the amount was small enough to not be a huge issue to me

[BIP-130] Kill FDT/WETH Gauge

Voted Yes, merger made it necessary to kill this gauge

[BIP-131] Pool/Factory permission granting

Voted Yes, very important for multisig to have the abilities tied to the roles/functions in the proposal

[BIP-132] Claim SAFE tokens allocated to the DAO Multisig

Voted Yes, no reason not to do this

[BIP - 133] Enable BRZ-jBRL Stable Pool Gauge with a 2% cap (Polygon)

Voted Yes, okay with this with a cap in place

[BIP - 134] Enable BRZ-jBRL - bb-am-usd 50/50 Pool Gauge with a 2% cap (Polygon)

Voted Yes, okay with this with a cap in place

[BIP-135] Grant BLabs authorization to set arbitrum bridging fees

Voted Yes, good to have this in place so bridging isn’t missed on a particular week

[BIP-136] Unused Gauges Cleanup - Take 2

Voted Yes, a retry at a previous attempt, ux improvement

[BIP-137] Enable bb-a-TUSD / bb-a-USD Gauge [Ethereum]

Voted Yes, love more boosted pools

[BIP-138] Enable bb-a-FRAX / bb-a-USDC Gauge [Ethereum]

Voted Yes, love more boosted pools

[BIP-139] Update Emergency subDAO Permissions

Voted Yes, must have for the protection of the protocol

31

[BIP-140] Introduce TimelockAuthorizer

Voted Yes, necessary change

[BIP-141] Introduce VeBoost V2

Voted Yes, why not?

[BIP-142] Permission Granting - Recovery Mode - ComposableStable-V2

Voted Yes, important for someone to be able to set this mode in the time of need

[BIP-143] Save. Earn. Borrow w/BalancerP2P (includes: licensing fees, increased LP activity, new product, more engagement)

Vote No, don’t see any real benefits

[BIP-144] Fund Balancer Grants Q1 2023

Voted Abstain, part of the grants team

[BIP-145] Fund the Balancer Maxis for Q1 2023

Voted Abstain, part of the maxis team

[BIP-146] Incentivize 8020 BPT Staking (ve8020)

Voted Yes, getting more projects to use the 80/20 model is a positive for the ecosystem

3 Likes
32

[BIP-147] Enable RBN / USDC 50/50 Gauge [Ethereum]

Voted Yes, good partnership to have

[BIP-148] Enable DOLA/USDC Stableswap Gauge on Ethereum

Voted Yes, necessary change

[BIP-149] Funding Proposal for Silverlight Labs - REVISED

Voted Yes, i liked the idea that there was a change to take payment in locked BAL, but i seems the partnership was not meant to be for now

[BIP-150] Enable wUSDR-USDC Gauge 2% Cap [Polygon]

Voted Yes, capped gauge, no problemo

[BIP-151] Kill Vulnerable CSP Pool Gauges

Voted Yes, necessary update

[BIP-152] Update Core Pool List

Voted Yes, linked to BIP-151, necessary change in order to have some revenue producing pools feed the voting incentive machine

[BIP-153] Whitelist Risk Labs’ Gnosis Safe for veBAL

Voted Yes, another player enters the game

[BIP-154] Enable PAR-jEUR Stable Pool Gauge with a 2% cap (Polygon)

Voted Yes, capped gauge, no problemo

[BIP-155] Enable agEUR-jEUR Stable Pool Gauge with a 2% cap (Polygon)

Voted Yes, capped gauge, no problemo

[BIP-156] Authorize Migration to GaugeAdder v3

Voted Yes, required change

[BIP-157] Migrate cbETH/wstETH Gauge [Ethereum]

Voted Yes, necessary change due to CSP vulnerability

[BIP-158] Migrate wstETH/WETH Gauge [Arbitrum]

Voted Yes, necessary change due to CSP vulnerability

[BIP-159] Activate BAL Emissions for Mainnet EURS:USDC “FX Pool” w/2% emissions cap

Voted Yes, capped gauge, no problemo

[BIP-160] Enable SD/USDC (50/50) and SD/WETH (80/20) Gauges with 2% emissions cap (Ethereum)

Voted Yes, capped gauge, no problemo

[BIP-161] Close Year 2 Funding Gap

Voted Yes, ultimately i voted for choice A where we did not need to sell any BAL, it would have been a good test to see if the protocol could live off of revenue alone

[BIP-162] Karpatkey Investment Strategy

missed this vote due to being ill :nauseated_face:

[BIP-163] Restructure Governance Process - Disband Governance Council

missed this vote due to being ill :nauseated_face: , probably should have abstained from this one anyways, but this is a good change for more decentralization

[BIP-164] Deposit BAL into Aave Polygon v3

missed this vote due to being ill :nauseated_face:

[BIP-165] Enable ankrETH/ETH Gauge on Ethereum

missed this vote due to being ill :nauseated_face:

33

[BIP-166] Whitelist the gauge for the StaFi rETH/ETH Pool to receive BAL emissions

Voted Yes, another LSD enters, sure let’s do it

[BIP-167] Fast Track Execution of BIP 159 & 160

Voted Yes, instead of waiting to get the ability to add gauges through normal means an approach to fast-track “important” new gauges has been taken. I think this is step important to keep good momentum going. additional delays could lead to negative outcomes.

[BIP-168] Enable DOLA/CUSD Gauge on Ethereum

Voted Yes, normally i would have said no to the uncapped gauge, but in this case it is stables

[BIP-169] Execute the Transition Migrator

Voted Yes, necessary update

34

[BIP-170] Enable PENDLE-ETH (50/50) Gauge with a 2% cap [Ethereum]

Voted Yes, no problem due to the cap on the gauge

[BIP-171] Enable frxETH/WETH Gauge on Polygon

Voted Yes, frax being part of the ecosystem is a good thing

[BIP-172] Enable SPHERE/wMATIC Gauge w/ a 2% Emissions Cap (Polygon)

Voted Yes, no problem due to the cap on the gauge

[BIP-173] Enable TRYB / USDC Gauge with a 2% Emission Cap [Ethereum]

Voted Yes, no problem due to the cap on the gauge

[BIP-174] Enable wUSDR-USDC Gauge with a 2% Emission Cap [Ethereum]

Voted Yes, no problem due to the cap on the gauge

[BIP-175] Grant permissions for V3 pool factories

Voted Yes, necessary operational step

[BIP - 176] Enable SYN/ETH Gauge

Voted Yes, good to get synapse into the ecosystem

[BIP-177] Great Migration Wave 1

Voted Yes, necessary migration after “the issue” was discovered

[BIP-178] Enable bb-euler-USD Gauge [Ethereum]

Voted Yes, having euler in the ecosystem is BIG

[BIP-179] Enable wsteth/Tessera Boosted APE Gauge [Ethereum]

Voted Yes, degen APE pool sounds good to me

[BIP-180] Enable zUSD/bb-euler-USD Gauge [Ethereum]

Voted Yes, there appeared to be a lot of money behind this stable initiative so i voted yes

[BIP-181] Enable bb-euler-FRAX/bb-euler-USDC Gauge [Ethereum]

Voted Yes, more euler pools sounds good to me

[BIP-182] Enable bb-rf-USD Gauge [Arbitrum]

Voted Yes, generalized boosted pools keep coming

[BIP-183] Grant V2 factory disable() and V3 standard permissions on Gnosis Chain

Voted Yes, necessary operational step

[BIP-184] Enable OHM/wstETH Gauge on Ethereum

Voted Yes, no issues with OHM getting a gauge

[BIP-185] Enable bb-i-USD Gauge [Ethereum]

Voted Yes, boosted pool, no problem

[BIP-186] Enable TUSD-bb-e-USD Gauge [Ethereum]

Voted Yes, boosted pool, no problem

[BIP-187] Enable TRYB / USDC Gauge with a 2% Emission Cap [Ethereum]

Voted Yes, okay since there is a cap

[BIP-188] Enable MAI-gDAI-USDC on Arbitrum

Voted Yes, Qi DAO has been a long term partner so no issues here

[BIP-189] Great Migration wave 2

Voted Yes, required migration due to “the issue”

[BIP-190] Transfer Governance Control on Polygon & Arbitrum

Voted Yes, another operational step that needed to be done

[BIP-191] Funding Proposal for Messari Reporting 2023

Voted Yes, I ultimately voted yes on this since enough people thought the marketing was worth it. these are tough times though, so i wasn’t sure if the cost of financial reporting was worth it

[BIP-192] Wire up Authorizer Permissions on new linear pool factories

Voted Yes, necessary operational step

[BIP-193] Enable bb-yv-USD Gauge [Ethereum]

Voted Yes, yearn pools sound good to me

[BIP-194] Enable bb-g-USD Gauge [Ethereum]

Voted Yes, gearbox pools sound good to me

[BIP-195] Remove MAI Gauges on Polygon and Arbitrum

Voted Yes, requested by the MAI Team so they could get another gauge, so no issues here

[BIP-196] Redistribution of recovered legacy incentives

Voted Yes, no questions should be asked here

[BIP-197] Transfer 250k BAL to Balancer OpCo

Voted Yes, it is what was agreed upon in another vote

[BIP-198] Creation of Ecosystem Council and Amended Self-Insurance Fund

Voted Yes, i am not the expert in this field so if others think this provides some form of protection to the DAO it seems like a good idea to follow through

[BIP-199] Enable PoolRecoveryHelper on v3 Pools

Voted Yes, necessary operational step

[BIP-200] Enable veLIT Gauge on Ethereum w/2% emissions cap

Voted Yes, LIT a pretty successful LBP and stuck around, no reason to not let them participate with a capped gauge

[BIP-201] Enable bb-ag-USD Gauge [Gnosis]

Voted Yes, getting ready for gnosis launch

[BIP-202] Enable bb-ag-GNO/bb-ag-USD Gauge [Gnosis]

Voted Yes, getting ready for gnosis launch

[BIP-203] Enable bb-ag-GNO/bb-ag-WETH Gauge [Gnosis]

Voted Yes, getting ready for gnosis launch

[BIP-204] Enable bb-ag WBTC/WETH/USD Gauge [Gnosis]

Voted Yes, getting ready for gnosis launch

1 Like
35

[BIP-205] Enable relayers on gnosis chain and add other missing permissions

Voted Yes, must have operational update

[BIP-206] Deploy Balancer to Avalanche

Voted Yes, Avalanche is fairly well established at this point and i think it makes sense for a Balancer presence to be there

[BIP-207] Grant Balancer Maxis the authorisation to register protocolIds for LinearPools

Voted Yes, in order to keep better track of boosted pools a list must be maintained

[BIP-208] Enable Overnight Pulse Gauge [Arbitrum]

Voted Yes, capped gauge no problem

[BIP-209] Enable ALCX/ETH (80/20) Gauge on Ethereum

Voted Yes, ALCX used balancer shortly after their token launch, glad to see another 80/20 pool

[BIP-210] Deprecate Old Stargate Gauges & Add Gauges for STG v2

Did not vote, STG team was going to create a new token but they decided against it for legal reasons while this vote was open, therefore i did not vote

36

[BIP-211] Kill Euler Boosted Pool Gauges

Voted Yes, makes sense to kill these gauges after the exploit

[BIP-212] Deploy Balancer to zkSync

Voted Yes, zk chains are going to be large this year

[BIP-213] Whitelist Yearn’s yBAL Voter Contract for veBAL

Voted Yes, Yearn is a blue chip project to me, would be nice to get them as integrated as possible

[BIP-214] Enable Permissions for BatchRelayer v5

Voted Yes, required as far as i’m concerned

[BIP-215] Funding Proposal for Messari Reporting 2023 [second vote]

Voted Yes, Messari came down on their cost so that is appreciated. I think the reports are good for individuals that like to dig into the financials. Messari’s reach is pretty broad as well in the crypto space