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BadgerDAOBadgerDAOby0xf3Fc0aAE46D4917c022cd0abF1435493C9Ddf8cC0xf3Fc…f8cC

BIP 95 - GraviAURA Regulations

Voting ended over 3 years agoSucceeded

TLDR;

graviAURA tokens inside of a Balancer gauge will not overvote for the guage they are in if the gauge has 10% or more of the total vote weight. The graviAURA vote weight will instead vote for core pools based on the bribe distribution with 90% of its vote weight and the usual 10% vote weight fee will be taken by BadgerDAO.

Outcome:

The above fix will align the interests of BadgerDAO, BalancerDAO, naked graviAURA depositors and graviAURA LPs in gauges. This will also allow for large veBAL holders to still overvote for graviAURA pools but with diminishing returns.

Using the excess vote weight to vote for bribes will align with Balancer core pools and drive emissions to pools earning the highest fees. This is ideal compared to voting for specific pools as it allows graviAURA to better follow natural market forces and not overvote for pools in an ever changing landscape.

A 3 month time limit will ensure that any interested parties can take the time to bring more complete governance to the table as more data becomes available.

RFF: https://discord.com/channels/743271185751474307/999723996088123453

Off-Chain Vote

Yes, implement the regulations
53.78K BADGER3.8%
No, do not implement
1.35M BADGER96.2%
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Discussion

BadgerDAO BIP 95 - GraviAURA Regulations

Timeline

Aug 01, 2022Proposal created
Aug 01, 2022Proposal vote started
Aug 04, 2022Proposal vote ended
Oct 26, 2023Proposal updated