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Aura FinanceAura Financeby0x021C5536bd60bCe9f15FB0E32746e332E3fbFAF4Aura Finance BIPs

[BIP-219] Enable bb-t-USD Gauge [Polygon]

Voting ended about 3 years agoSucceeded

Transaction Payload https://github.com/BalancerMaxis/multisig-ops/pull/117

Summary: The Tetu Protocol has been actively building within the Balancer ecosystem, with tetuBAL serving as its primary Balancer-focused product. Tetu wants to leverage boosted pool functionality by introducing the bb-t-usd composable pool which consists of 3 liner pools (bb-t-USDC, bb-t-DAI, bb-t-USDT)

The underlying tokens are USDC, DAI, and USDT. Those tokens will be partially invested in the TETU4626 vaults (USDC, DAI, USDT) to earn yield from dFORCE / MESH / AAVE optimized according to the market conditions.

References/Useful links:

  • Website - https://tetu.io/ 2
  • Documentation - Introduction - Tetu
  • Github Page - Tetu · GitHub
  • Communities - Tetu

Protocol Description:

Tetu is an asset management protocol that implements automated yield farming strategy for users.

Motivation:

The implementation of linear and boosted pools is gradually enhancing Balancer's capacity to boost capital efficiency throughout the protocol. The robust boosted pool aligns with Balancer's objective to offer a secure platform for LPs to access external yield sources while simultaneously ensuring efficient liquidity for swapping. This approach benefits both LPs and the DAO, generating yield

Specifications:

  1. Governance: Multi Sig - Tetu
  2. Oracles: No
  3. Audits: docs.tetu.io
  4. Centralization vectors: n/a
  5. Market History: Tetu token can be volatile in the certain market conditions.

Composable Pool: 0xb3d658d5b95BF04E2932370DD1FF976fe18dd66A Gauge: 0x28D4FE67c68d340fe66CfbCBe8e2cd279d8AA6dD

Off-Chain Vote

Yes, let's do it
130.1K vlAURA2.7%
No, this is not the way
0 vlAURA0%
Abstain
4.73M vlAURA97.3%
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Discussion

Aura Finance[BIP-219] Enable bb-t-USD Gauge [Polygon]

Timeline

Mar 22, 2023Proposal created
Mar 23, 2023Proposal vote started
Mar 27, 2023Proposal vote ended
Jan 17, 2025Proposal updated