[BIP-223] Enable USDC-TNGBL 20-80 Gauge with a 2% Emission Cap [Polygon]

Payload PR

Summary:

Enable gauge on the TNGBL-USDC 80-20 pool

References/Useful links:

• Website

• Documentation

• Github Page

• Communities

• Twitter

Protocol Description:

Tangible is an RWA tokenization protocol, that already has several gauges for the protocol's stablecoin USDR.

Motivation:

Tangible's governance token TNGBL is a core part of the protocol, with all marketplace fees accruing to the token. In addition to having a claim on 10% of USDR seigniorage.

We have been building up protocol owned liquidity in the 80-20 TNGBL-USDC pool on Polygon and believe now it would be beneficial to add additional incentives via a gauge. This will be the main home for TNGBL liquidity on-chain.

Specifications:

1. Governance: TNGBL token holders can lock their TNGBL tokens and receive veNFTs that represent their locked tokens. These NFTs will grant holders governance rights. (Full governance launching soon)
2. Oracles: N/A
3. Audits: Audits - Tangible
4. Centralization vectors: Governance upcoming.
5. Market History: Tangible has been tokenizing RWAs for over 18 months and the TNGBL token has been live for almost 12.
6. Value: Adoption and usage of Balancer's novel 80-20 pools as the main location for TNGBL liquidity.

pool id: 0x9f9f548354b7c66dc9a9f3373077d86aaaccf8f2000200000000000000000a4a pool address: 0x9f9f548354b7c66dc9a9f3373077d86aaaccf8f2 pool streamer: 0xeF4582dA362e4a1DaB5BC97501Db6D7C0396bC61 gauge: 0x43E4bE3A89985c4f1fCB4c2D3bd7e6E0C5df42D3