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BalancerBalancerby0x7019Be4E4eB74cA5F61224FeAf687d2b43998516Xeonus

[BIP-857] Authorize Mimic Smart Vault on Optimism for Balancer V3

Voting ended 7 months agoSucceeded

PR with Payload

https://github.com/BalancerMaxis/multisig-ops/pull/2191

Motivation

Beets and Balancer have worked together with Mimic to streamline and automate protocol fee processing on all Balancer deployments. With the deployment of Balancer v3 on Optimism, we propose to also integrate Mimic's fee processing for V3 fees. For this, Mimic's smart vault will be given permission to withdraw protocol fees from the protocol fee controller to their smart vault for processing.

Mimic's Smartvault has been authorized to process fees for V2 on Optimism with https://forum.balancer.fi/t/bip-651-authorize-mimic-smart-vaults-v3-on-optimism/5853

Specification

The authorizer will grant the following permissions to 0x9e5d6427d2cdadc68870197b099c2df535ec3c97:

  • 20241204-v3-vault/ProtocolFeeController.withdrawProtocolFees(address,address) (0x9b50ab496733616199be03f9adb07dedbc053ee47e3f069d57a7b1db51480332)
  • 20241204-v3-vault/ProtocolFeeController.withdrawProtocolFeesForToken(address,address,address) (0xd8f952fca9feeca8075fa8cf14298353b4b424103a602b3879b031c57cf6def7)

Off-Chain Vote

Yes, let's do it
3.24M veBAL100%
No, this is not the way
0 veBAL0%
Abstain
0 veBAL0%
Quorum:162%
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Discussion

Balancer[BIP-857] Authorize Mimic Smart Vault on Optimism for Balancer V3

Timeline

Jul 10, 2025Proposal created
Jul 11, 2025Proposal vote started
Jul 15, 2025Proposal vote ended
Nov 27, 2025Proposal updated