[BIP-712] Enable UltraEths/wETH gauge [Ethereum]

Payload with PR https://github.com/BalancerMaxis/multisig-ops/pull/1404

Summary:

This proposal seeks approval for a gauge for the LRT Tri-Pool, which includes wETH, UltraEth, and UltraEths. This pool will enhance DeFi integration and adaptability by providing deeper liquidity for these assets, making them more accessible and tradable across protocols. It will also improve capital efficiency, allowing users to easily enter and exit positions, thus boosting liquidity and driving broader adoption of Affine’s innovative restaking tokens in the DeFi ecosystem.

References: • Website: https://restaking.affinedefi.com/ • Documentation: https://docs.affinedefi.com/ • Github Page: https://github.com/AffineLabs • Communities: https://x.com/AffineDeFi • App link: https://app.affinedefi.com/restake • Pool: https://balancer.fi/pools/ethereum/v2/0xa7cbc1346c8bf4237487157c8bb97abc55a4fb810000000000000000000006d5 • Gauge: https://etherscan.io/address/0xae009634C214C23772a0E19F9AAfdFF12E89d19D

Protocol Description: Affine ultraLRTs are the most robust Symbiotic and Eigenlayer Liquid Restaking Tokens (LRTs) offering the fastest entry-exit, non-dilutive AVS yield , and are powered by Affine Risk Engine to mitigate risk and maximize returns. Affine’s ultraETH and ultraETHs are engineered to provide restaking utility to $25 billion+ of stETH market, while leveraging the deep liquidity of Lido stETH.

Motivation:

• Robust and Most Liquid: Affine is the most robust LRT with sophisticated risk research and superior liquidity, benefiting from stETH's deep liquidity. For other LRTs, it may take weeks to get liquidity without slippage, due to Ethereum beacon chain's entry and exit time delay. However, using stETH, Affine is able to provide a much faster, low slippage liquidity alterntive.

• Affine Affine Risk Engine: We launched the risk engine to collaborate with the restaking industry, creating a framework for safely selecting operators and AVSs. Developed by industry leaders and researchers from Goldman Sachs, Meta, Y Combinator, MIT, and Harvard, it aims to simplify the launch of decentralized ecosystems.

• Highest, Undiluted AVS Airdrops: Affine plans to grow with the ecosystem’s crypto economic security demand capacity, instead of diluting AVS points for all the restakers. Coupled with our relationships with AVSs and Operators, this allows us to provide undiluted APY on any future AVS airdrops.

Specifications:

1. Governance: The governance is managed by our timelock controller, with execution authority held by the executor, and proposals initiated by our multisig.

• Timelock Controller: https://etherscan.io/address/0x4B21438ffff0f0B938aD64cD44B8c6ebB78ba56e
• Multisig: https://etherscan.io/address/0x67Ec3Bb25a5DB6eB7Ba74f6C0b2bA193A3983FB8

3. Oracles: Vaults uses chainlink price feed for stEth to Eth conversion

4. Audits: Protocol went through multiple audits including including Quantstamp, Certic, Halborn. Audit reports link: https://github.com/AffineLabs/contracts/tree/master/audits

5. Centralization vectors: Only centralization depositing into symbiotic and eigenlayer done by bots.

6. Market History: No Price depegs

Specification

Transaction: The Balancer Maxi LM Multisig eth:0xc38c5f97B34E175FFd35407fc91a937300E33860 will interact with the GaugeAdderv4 at 0x5DbAd78818D4c8958EfF2d5b95b28385A22113Cd and call the addGauge function with the following arguments:

gauge(address): 0xae009634C214C23772a0E19F9AAfdFF12E89d19D gaugeType(string): Ethereum