PR with Payload https://github.com/BalancerMaxis/multisig-ops/pull/1380

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title: Kill GHO/USDC Wide Range ECLP Gauge author: @TokenLogic created: 2024-09-25

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Summary

The purpose of this publication is to kill the ECLP-GHO-USDC Wide Range gauge.

With deep liquidity in the full range 3pool and the option to amplify rewards to drive liquidity into the GHO/USDC Narrow Range ECLP, the GHO/USDC Wide Range ECLP gauge is no longer needed.

Motivation

Based upon the recent price performance and increasing liquidity depth, the Aave Liquidity Committee (ALC) intends to focus its efforts on the Narrow Range ECLP and the full range 3pool for USDC pairings on Balancer.

Specification

The DAO Multisig 0x10A19e7eE7d7F8a52822f6817de8ea18204F2e4f will interact with the AuthorizerAdaptorEntrypoint at 0xf5dECDB1f3d1ee384908Fbe16D2F0348AE43a9eA and call performAction using 0xab8f0945 for the data(bytes) argument and the “Gauge Address” list for each pool below will be used for the target(address) argument.

Gauge Addresses

ECLP-GHO-USDC: 0x80AeF246F9926B52622f4e74cdc7Acb5C4344FfE

Disclosure

TokenLogic and karpatkey receive payment from Aave DAO for the creation of this proposal. TokenLogic and karpatkey are both Service Providers and delegates within the Aave ecosystem.

Specifications

The DAO Multisig 0x10A19e7eE7d7F8a52822f6817de8ea18204F2e4f will interact with the AuthorizerAdaptorEntrypoint at 0xf5dECDB1f3d1ee384908Fbe16D2F0348AE43a9eA and call performAction using 0xab8f0945 for the data(bytes) argument and 0x80AeF246F9926B52622f4e74cdc7Acb5C4344FfE as the root gauge address.