After significant debugging, I believe we've identified some of the issues with timelock transaction formatting.

(Basically, the timelock contract from Compound has some weird edge case behaviors where it cannot handle certain numbers and transactions fail. I believe I've identified all those edge cases now)

This means we can finally modify pools as expected. However, since we have our upcoming migration to xDAI and SushiSwap, we're only going to do one final modification to the main-chain pools.

We'll prioritize:

• Adding important new projects.
• Increasing the rewards for high performance tokens and tokens with strong community involvement.
• Removing broken projects.
• Removing under performing projects.
• Fixing the balance of BAO weights.

Once approved, I'll queue up the commands in timelock over the next few days and roll them out based on the schedule outlined below.

Pools to Add (and their weight):

I expect to have most of these pools added and live over the next week. Adding pools takes a bit longer as I need to add front-end assets for them.

• Bao/USDC (Sushi LP) - 25000
• Bao/ETH (Sushi LP) -40000
• Bao/YFI (Sushi LP) - 5000
• Bao/Sushi (Sushi LP) - 5000
• Bao/Dai (Sushi LP) - 5000
• xSushi (Non-LP) - 3000
• Sushi/xSushi - 3000
• xSushi/ETH - 3000
• GRT/ETH (Uniswap LP) - 3000
• Thor/ETH (Uniswap LP) - 2000
• 1Inch/ETH (Uniswap LP) - 750
• FIDA/ETH (Sushiswap LP) - 1250
• NFTX/ETH (Uniswap LP) - 2000
• sETH/ETH (Uniswap LP) - 2000
• ankrETH/ETH (Uniswap LP) - 2000
• stETH/ETH (Uniswap LP) - 2000
• Injective/ETH (Uniswap LP) - 750
• GRO/ETH (Uniswap LP) - 750
• TVK/ETH (Uniswap LP) - 750
• FRAX/USDC (Uniswap LP) - 750
• DAI/USDC - (Uniswap LP) - 750
• LDO/ETH (Uniswap LP) - 750
• BADGER/ETH (Uniswap LP) - 750
• BOR/ETH (Uniswap LP) - 750
• Cover/ETH (Uniswap LP) - 500

Pools to Remove:

These pools have drastically under performed, or are from dead projects, or are mostly empty and used by people just to dump $BAO on the community.

Removing them means setting their weight = 1. They will always exist in the contract, and will stay in the UI for the next few months just showing 0% APY. (Rocky is working on a section for archived pools)

If approved these pools would have their weight set = 1 before the next halving.

• TITAN
• HYDRO
• BEST
• SEED
• TOMOE
• BFT
• TTT
• DODO
• REQ
• PNT
• JUL
• PNT
• YFIM
• ORO
• RMPL
• DMG
• ELF
• YamV2
• CVC
• Owl
• pre
• wfil
• wzec
• Pickle
• HOT
• KARMA
• CVP
• STORJ
• JRT
• ENG
• Foam
• ANT
• MANA
• ENCORE
• VALUE
• IDEX
• (Old) Cover

Adjust Up:

These pools would have their weights increased by the next halving after approval:

• Bao 35000 -> 55000
• DPI 2000 -> 4000
• API3 1000 -> 4000
• Rari 1000 -> 2000
• Perp 2000 -> 4000
• Alpha 1000 -> 2000
• RARI 1000 -> 3000
• Socks 2000 -> 3000

Adjust Down:

These pools are slightly under performing or have low % of LP tokens being staked and so would be slightly adjusted down before the next halving which also helps make room for our new tokens and increase Bao rewards on Bao pools:

Adjust Down

• Leo 4000 -> 2000
• OKB 4000 -> 2000
• BTMX 6000 -> 2000
• AXS 8000 -> 5000
• Akro 6000 -> 4000
• BTSE 2000 -> 500
• MEME 3000 -> 1250
• DFD 4000 -> 1250
• WAR 2000 -> 500
• UBXT 3000 -> 1250
• wBTC 4000 -> 3000
• FTT 8000 -> 6000
• ANKR 6000 -> 4000
• SRM 6000 -> 4000
• MATH 3000 -> 2000
• SXP 2000 -> 750
• ESD 2000 -> 750
• KRL 1000 -> 250
• KP3R 4000 -> 3000
• AKRO 4000 -> 3000
• MTA 4000 -> 3000
• SAND 1000 -> 750
• NEC 1500 -> 750
• IDEX 500 -> 250
• FARM 2000 -> 1250
• NPXS 500 -> 250

Adjustments Note:

These adjustments are conditional on the timelock transaction formatting not being an issue, they may or may not take place.

This will be the last changes we make to pools on the main Ethereum network. After this, in line with our migration plan, we'll only lower the base reward on the Ethereum mainnet contract over time and all future updates and changes will take place on the xDAI version of the contract that we deploy.

Due to the high gas at the time and the large number of changes, we will also authorize the dev wallet to sell Bao in order to reimburse the deployer wallet for the gas fees of timelocking and executing these transactions.

BaoMan's Thoughts:

I am personally in support of this proposal as it:

• Improves rewards for new projects, our partners, and highly active communities.
• It should heavily improve the pool demand for Bao.
• Adds our first Sushi pools.
• Removes dead pools and pools that were used to dump on the community.
• Set a clear standard that no future pool changes will be added to the main Ethereum contract.

I will be voting in favor of this proposal and encourage you to do the same.