Week 7 Liquidity Mining Proposal

This marks the seventh week of liquidity mining on Balancer v2. The Ballers propose the following changes which will go into effect 00:00 UTC Monday, July 5th, 2021.

ETHEREUM POOLS

Remove a Tier 4 slot allocation from BAL/WETH 80/20. The pool will now receive 50,000 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 4 slot for 1,000 BAL to REN/WETH 50/50. Remove the pool from Tier 3. This pool will now receive 1,000 BAL per week total.

https://app.balancer.fi/#/pool/0xec60a5fef79a92c741cb74fdd6bfc340c0279b01000200000000000000000015

Remove a Tier 4 slot allocation from GTC/WETH - 80/203. This pool will now receive 0 BAL per week total.

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

POLYGON POOLS

Allocate a Tier 3 slot for 2,500 BAL and remove 2x Tier 4 slots for 1,000 BAL to USDC/WETH/BAL/WMATIC 25/25/25/25. This pool will now receive 8,500 BAL per week total.

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

Allocate a Tier 3 slot for 2,500 BAL to USDC/WETH/WBTC 33/33/33. This pool will now receive 2,500 BAL per week.

https://polygon.balancer.fi/#/pool/0x03cd191f589d12b0582a99808cf19851e468e6b500010000000000000000000a

Allocate a Tier 3 slot for 2,500 BAL and remove a Tier 2 slot for 5,000 BAL to WETH/LINK/BAL/AAVE 25/25/25/25. This pool will now receive 2,500 BAL per week.

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

Allocate a Tier 2 slot for 5,000 BAL, and 2x Tier 4 slots for 1,000 BAL to USDC/WETH/LINK/BAL/AAVE 20/20/20/20/20. This pool will now receive 7,000 BAL per week total. Reduce this pool’s fee to 0.25%.

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

Allocate a Tier 4 slot for 1,000 BAL to USDC/WETH/SNX/GRT. This pool will now receive 1,000 BAL per week total.

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

Link to pull request: https://github.com/balancer-labs/frontend-v2/pull/514