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BalancerBalancerby0x512fce9B07Ce64590849115EE6B32fd40eC0f5F3Solarcurve

[BIP-228] Enable bb-t-MATIC Gauge [Polygon]

Voting ended almost 3 years agoSucceeded

PR with payload

Summary: The Tetu Protocol has been actively building within the Balancer ecosystem, with tetuBAL serving as its primary Balancer-focused product. Tetu wants to leverage boosted pool functionality by introducing the bb-t-matic composable pool which consists of 2 liner pools (bb-t-WMATIC , bb-t-stMATIC)

The underlying tokens are WMATIC and stMatic. Those tokens will be partially invested in the TETU4626 vaults.

References/Useful links:

  • Website - https://tetu.io/ 2
  • Documentation - Introduction - Tetu
  • Github Page - Tetu · GitHub
  • Communities - Tetu

Protocol Description:

Tetu is an asset management protocol that implements automated yield farming strategy for users.

Motivation:

The implementation of linear and boosted pools is gradually enhancing Balancer’s capacity to boost capital efficiency throughout the protocol. The robust boosted pool aligns with Balancer’s objective to offer a secure platform for LPs to access external yield sources while simultaneously ensuring efficient liquidity for swapping. This approach benefits both LPs and the DAO, generating yield

Specifications:

  1. Governance: Multi Sig - Tetu
  2. Oracles: No
  3. Audits: docs.tetu.io
  4. Centralization vectors: n/a
  5. Market History: Tetu token can be volatile in the certain market conditions.

Composable Pool: 0xF22a66046B5307842F21B311ECB4C462c24C0635

Gauge: 0x508601c0ea0197afB08AA4cbA698c1551f5DA53f

Off-Chain Vote

Yes, let's do it
1.88M veBAL39.5%
No, this is not the way
2.88M veBAL60.5%
Quorum:238%
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Discussion

Balancer[BIP-228] Enable bb-t-MATIC Gauge [Polygon]

Timeline

Mar 30, 2023Proposal created
Mar 30, 2023Proposal vote started
Apr 03, 2023Proposal vote ended
Apr 19, 2025Proposal updated