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Hermes ProtocolHermes Protocolby0xc1DaC41a18e8262eDb5e8D0ade4B1B2aa2260c4F0xc1Da…0c4F

[HIP-40] - Add WBERA and WETH Gauges

Voting ended about 1 year agoSucceeded

Introduction

This proposal seeks to introduce the initial gauges for the Berachain: WBERA/WETH and WETH (BERA)/WETH pairs. The new gauges are designed to bridge our existing liquidity with the Berachain ecosystem. By establishing dedicated gauges for WBERA and WETH, we aim to facilitate an efficient initial route for asset transfers between our current pools and Berachain.

Gauge to be added:

  • WBERA / WETH 0.3% ( Min Width: 60)
  • WETH (BERA) / WETH 0.05% ( Min Width: 10)

Strategic Alignment

  • Expanding Ecosystem Connectivity: Providing a direct liquidity pathway into Berachain, thereby integrating it with our existing liquidity infrastructure.
  • Ensuring an Initial Structure: Laying the groundwork for further Berachain gauge additions.

Gauge Performance Analysis

These gauges will be our system's initial liquidity avenue to and from Berachain.

Market Impact Analysis

In summary, the addition of the Berachain WBERA and WETH gauges represents a forward-thinking initiative that bridges our established liquidity with an emerging ecosystem.

Calldata: 0x5d6b2a9d0000000000000000000000001b2d34170c294ad0270625d487e773e8aa5d2cac00000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000000000000000020000000000000000000000000000000000000000000000000000000000000003c

0x5d6b2a9d0000000000000000000000003fce4d89455283c275badff99100ac1f88f3533f00000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000000000000000020000000000000000000000000000000000000000000000000000000000000000a

Off-Chain Vote

Yay
11.64M bHermes-Votes100%
Nay
0 bHermes-Votes0%
Quorum:421%
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Discussion

Hermes Protocol[HIP-40] - Add WBERA and WETH Gauges

Timeline

Mar 14, 2025Proposal created
Mar 14, 2025Proposal vote started
Mar 17, 2025Proposal vote ended
Mar 17, 2025Proposal updated