Summary:
Proposal to add a RZR/wstETH Pool on the Ethereum blockchain to the Gauge Controller, enabling users to assign gauge weight and mint BAL.
The team has seeded over 700k$ of liquidity.
https://github.com/BalancerMaxis/multisig-ops/pull/2282
References/Useful links:
Other useful links about the protocol
Protocol Description:
Rezerve is a fair-launched reserve currency (free-floating) that captures every cent of protocol revenue and sends it straight back to the people who stake it—no VCs, no insiders, no backstage market-makers.
Vision Statement: https://rezerve.gitbook.io/protocol/the-vision Roadmap: https://rezerve.gitbook.io/protocol/roadmap-path-to-1-billion-fdv
Motivation:
The Rezerve protocol seeks to deepen its integration within the Balancer ecosystem on Ethereum by incentivizing liquidity for a wstETH/RZR pool. This two-asset pool establishes a critical link between RZR and Ethereum-native liquidity, positioning wstETH as the primary routing asset. By providing a robust liquidity venue for trading between RZR and wstETH, this pool enhances utility, accessibility, and capital efficiency across the ecosystem.
A Balancer gauge for this pool would enable BAL emissions to be directed toward it, encouraging deeper and more persistent liquidity. This not only improves swap efficiency and reduces slippage for users but also establishes Balancer as the primary liquidity venue for RZR on Ethereum Mainnet. Additionally, increased pool depth will strengthen broader protocol integrations, including reserve-backed lending, stablecoin liquidity routing, and cross-chain liquidity pathways leveraging RZR.
Specifications:
The Balancer Maxi LM Multisig 0xc38c5f97B34E175FFd35407fc91a937300E33860 will interact with the GaugeAdderv4 at 0x5DbAd78818D4c8958EfF2d5b95b28385A22113Cd and call the addGauge function with the following arguments: gauge(address):0x14c80b2822c908b9af601ccebe50124c050518ca
gaugeType(string): Ethereum