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BalancerBalancerby0x9f74662aD05840Ba35d111930501c617920dD68eveballer.eth

[BIP-320] Enable PAL/OHM 80/20 Gauge [Arbitrum]

Voting ended almost 3 years agoSucceeded

PR with Payload

Summary: Whitelist for veBAL voting PAL-OHM: pool gauge

References/Useful links:

https://www.paladin.vote/

https://doc.paladin.vote/

https://gov.paladin.vote/

https://twitter.com/Paladin_vote

Protocol Description: Paladin is a governance lending protocol aiming to become the leading influence market and democratize activism. Up to date, we have released a lending market for stkAave, as well as a vote incentive marketplace for Balancer, Curve and Bunni.

Motivation: Paladin already has a tight history with Balancer. The PAL token was made transferable via an LBP on Balancer via Prime Launch . A Balancer pool on mainnet has been there since PAL has been liquid. Now that Paladin is moving on Arbitrum, we want to incentivize liquidity and attract more users in order for this pool to become our main hub of liquidity on Arbitrum.

Specifications:

  1. Governance: Paladin DAO is governed by holders of PAL, through snapshot votes and forum proposals.

Paladin DAO

https://signal.paladin.vote/#/

  1. Oracles: None, we use Coingecko.
  2. Audits: All daps have been audited. Audits - Docs
  3. Centralization vectors: Treasury functions and smart contract proxy updates are controlled through a 5/9 multisig.
  4. Market History: PAL was made transferable on Balancer via a dutch auction and now has liquidity on 3 DEXs on Ethereum (Balancer, Curve & Uniswap). PAL has a total depth of ~1M$.

Gauge address: 0x6aB751De05eD2E0646a04b7f45677ce841e42Bea

Specification:

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): 0x6aB751De05eD2E0646a04b7f45677ce841e42Bea which corresponds to the 2% capped gauge for this pool gaugeType(string): Arbitrum

Off-Chain Vote

Yes, let's do it
3.53M veBAL99.8%
No, this is not the way
5.96K veBAL0.2%
Abstain
553.88 veBAL0%
Quorum:177%
Download mobile app to vote

Discussion

Balancer[BIP-320] Enable PAL/OHM 80/20 Gauge [Arbitrum]

Timeline

Jun 08, 2023Proposal created
Jun 08, 2023Proposal vote started
Jun 12, 2023Proposal vote ended
Mar 16, 2026Proposal updated