Summary: This pool is 80% palStkAave and 20% Aave. There are no yield fees applied to palStkAave.
Resources/Useful links: • Website
Protocol Description: palstkAAVE is a liquid wrapper of stkAAVE that auto-compounds AAVE rewards from the Safety Module while also lending out its voting power on Paladin. AAVE & stkAAVE are the governance tokens for Aave.
Price volatility between assets in the pool is irrelevant because you can redeem 1:1 in Paladin and then in the Safety Module.
Motivation: Paladin needs a liquidity pool between its wrapper and Aave to help users unstake their Aave faster in case of emergencies.
Specifications:
Link to pool: https://app.balancer.fi/#/pool/0xae7bfd6fa54259fc477879712eebe34164d3a84f000200000000000000000376
Link to 2% capped gauge: 0x39a9E78c3b9b5B47f1f6632BD74890E2430215Cf