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BallersBallersby0x176001586fF17ad625Dc387557631710cf485f720x1760…5f72

Week 6 Liquidity Mining Proposal

Voting ended over 4 years agoSucceeded

This marks the sixth week of liquidity mining on Balancer v2. The Ballers propose the following changes which will go into effect 00:00 UTC Monday, June 28st, 2021. This is a major week with lots of additional BAL being allocated, and marks the launch of liquidity mining on Polygon.

ETHEREUM POOLS

Allocate an additional Tier 1 slot for 15,000 BAL, Tier 2 slot for 5,000 BAL, 2xTier 3 slots for 2,500 BAL and 1xTier 4 slot for 1,000 BAL to BAL/WETH 80/20. The pool will now receive 51,000 BAL per week total.

Note: around a third of this BAL is temporary and awaiting allocation to other pools, we use it as a stop gap for BAL that will be allocated elsewhere but currently cannot for some reason. This pool will not retain all of these rewards long term, and the Ballers currently target an APY for this pool of at least 40%.

https://app.balancer.fi/#/pool/0x5c6ee304399dbdb9c8ef030ab642b10820db8f56000200000000000000000014

Allocate a Tier 2 slot for 5,000 BAL to USDT/WETH 50/50. This pool will now receive 5,000 BAL per week total.

https://app.balancer.fi/#/pool/0x3e5fa9518ea95c3e533eb377c001702a9aacaa32000200000000000000000052

Allocate a Tier 3 slot for 2,500 BAL to YFI/WETH 50/50. This pool will now receive 2,500 BAL per week total.

https://app.balancer.fi/#/pool/0x186084ff790c65088ba694df11758fae4943ee9e000200000000000000000013

Allocate a Tier 4 slot for 1,000 BAL to GTC/WETH - 80/20, and remove it from Tier 3. This pool will now receive 1,000 BAL per week total.

https://app.balancer.fi/#/pool/0xff083f57a556bfb3bbe46ea1b4fa154b2b1fbe88000200000000000000000030

Allocate 2x Tier 4 slots for 1,000 BAL to BAL/GNO/WETH/DAI 25/25/25/25. This pool will now receive 2,000 BAL per week total.

https://app.balancer.fi/#/pool/0x148ce9b50be946a96e94a4f5479b771bab9b1c59000100000000000000000054

POLYGON POOLS

Allocate a Tier 2 slot for 5,000 BAL and 3x Tier 4 slots for 1,000 BAL to USDC/WETH/BAL/WMATIC 25/25/25/25. This pool will now receive 8,000 BAL per week total.

https://polygon.balancer.fi/#/pool/0x0297e37f1873d2dab4487aa67cd56b58e2f27875000100000000000000000002

Allocate a Tier 2 slot for 5,000 BAL to WETH/LINK/BAL/AAVE 25/25/25/25

https://polygon.balancer.fi/#/pool/0xce66904b68f1f070332cbc631de7ee98b650b499000100000000000000000009

Allocate 2x Tier 3 slots for 2,500 BAL to USDC/WETH/LINK/BAL/AAVE 20/20/20/20/20

https://polygon.balancer.fi/#/pool/0x36128d5436d2d70cab39c9af9cce146c38554ff0000100000000000000000008

Allocate a Tier 3 slot for 2,500 BAL to QI/WMATIC/USDC/miMATIC/BAL 20/20/20/20/20

https://polygon.balancer.fi/#/pool/0xf461f2240b66d55dcf9059e26c022160c06863bf000100000000000000000006

Allocate a Tier 4 slot for 1,000 BAL to WMATIC/USDC/BAL/WETH/QI/ADDY/QUICK/SUSHI 12.5/12.5/12.5/12.5/12.5/12.5/12.5/12.5

https://polygon.balancer.fi/#/pool/0x32fc95287b14eaef3afa92cccc48c285ee3a280a000100000000000000000005

Link to pull request: https://github.com/balancer-labs/frontend-v2/pull/452

Off-Chain Vote

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Timeline

Jun 24, 2021Proposal created
Jun 25, 2021Proposal vote started
Jun 27, 2021Proposal vote ended
Oct 26, 2023Proposal updated