[MIP-31] Integration of the Maia Partner Vault Contract

I. Introduction

This proposal seeks to formally integrate the Maia Partner Vault contract into the Maia ecosystem. The integration will enable decentralized, non-custodial and automated management of gauge voting, boost lending, and governance delegation for utility tokens held by the Vote Maia contract. It allows our partners and the project to put these tokens to work, directly improving strategy yields and unlocking new revenue paths.

II. Background and Rationale

As part of our roadmap, the Maia Partner Vault unlocks a new revenue stream and puts Maia’s utility tokens to full use through decentralized and non-custodial management.

Audited by Zellic, this contract gives both partner projects and the protocol the ability to manage voting power and Boost allocations without centralized coordination. It’s a necessary step toward scaling the utility and adoption of bHermes.

The contract introduces:

• Gauge voting management.
• Creation of Boosted Strategies with an optional Boost Fee.
• Governance power delegation.

Integrating the vault lets us activate the 93,745,640 Boost tokens sitting idle in the Vote Maia contract. This powers the launch of Maia Boosted Strategies, making our strategies more competitive and helping pull more liquidity into the Unified Liquidity Layer.

The introduction of these Boosted Strategies into our platform will increase our liquidity's overall boost factor, which improves how efficiently we use emissions. When liquidity isn’t boosted, the undistributed HERMES ends up getting returned to the minter after each epoch. With Boosted Strategies in place, we reduce this inefficiency, meaning each bHermes gauge vote moves more dollar value in emissions, making every vote count more.

This directly improves vote returns and bribe ROI, while reinforcing the flywheel that powers the whole system.

A 10% Boost Fee on rewards from these strategies will be routed back to enhance vMaia’s bHermes backing, strengthening its value proposition. This value can always change, it can be set from 0% to 20%.

The vault also introduces a direct treasury revenue stream through active gauge voting.

III. Proposal Details

This proposal enacts the following:

1. Integration of the Maia Partner Vault contract with permissions to manage the bHermes utility tokens held by Vote Maia.
2. Activation of Maia Boosted Strategies, which will utilize the Boost tokens for higher yield outcomes.

Initial Boosted Strategies Settings

Strategy Name	Strategy Type	LP Width	Address
BOOP	Dynamic	122.55%	0x01E51e862DdfD9AdcCFeF4d65482f0A6a3b49A7b
ETH.FI	Fixed	82.21%	0x4595182eA8041a11534Ba48d955F62590261Aa2c
GOGLZ	Dynamic	122.55%	0x41560f171586d0aA21893E757194707BE010095c
aHERMES	Fixed	43.33%	0x8a3be0dec5380ae5a46261029d1d41bced51635e
HERMES	Dynamic	122.55%	0x415878C78B3d265e8F84AB609893260a0D589Bee
aMAIA	Fixed	43.33%	0x55Ea76F923d3C8BC491f3BaC2A4FAE15b9a45Dee
MAIA	Dynamic	122.55%	0x0389ece33b00e4138976a6877366a7689ffdb509
SILO	Dynamic	122.55%	0x7755d69a562d5f6a1297905c2f4221beb5ec246b
stS / WETH	Dynamic	231.99%	0x0bBCF230aef739223AC168f4F2B9B7a5Ff2740B2
MIM	Dynamic	0.2%	0x315af4482e85a9afcbc3a0edba6e8dd6f0806754
weETH	Dynamic	2.43%	0xEF7f78C29E02d5FA4Def302eB1fb15e1C36b25D1
wsETH	Dynamic	0.04%	0x4ee2483C558c4F799D41f1087b4E9fB51956cF38
ARA	Dynamic	122.55%	0x04410f25105592967d4716e9B2dC8B52f379C0F2
WETH (metis)	Fixed	1.21%	0x6079605339d28a09ee56b15a12729fbc8b244944
WETH (berachain)	Fixed	0.2%	0xe12f39726ae14e2b507eeb8ce4b51a218ed42dab
WETH (optimism)	Fixed	0.02%	0x1667b5fc760a17a4285209e1d12f7d3ec9823c44

Upcoming Strategies: Strategies were not created for these gauges as current conditions do not support it. We will develop strategies in the future as conditions allow, including for any new gauges that may be added.

• WETH (swellchain)
• WETH (mainnet) |
• WETH (base)
• AUSD (arbiturm)

Initial Gauge Vote Strategy

Gauge	Vote %	Amount (~)
Group 1 (43%)
HERMES / arbWETH	21.5%	15,108,083
MAIA / arbWETH	21.5%	15,108,083
Group 2 (33%)
mainnetWETH / arbWETH	11%	7,729,716
opWETH / arbWETH	11%	7,729,716
baseWETH / arbWETH	11%	7,729,716
Group 3 (12%)
ARA / arbWETH	4%	2,810,806
aHERMES / HERMES	4%	2,810,806
aMAIA / MAIA	4%	2,810,806
Group 4 (12%)
swellWETH / arbWETH	3%	2,108,104
beraWETH / arbWETH	3%	2,108,104
stS / WETH	3%	2,108,104
stS / wS	3%	2,108,104

It’s important to note that the actual amounts will adjust based on how much Vote Maia has claimed its utility tokens. However, the distribution percentages will remain the same. At the time of writing, there are 70,270,154 unclaimed Burnt Hermes Gauge Weight. If this number remains unchanged, the tokens will be allocated according to the distribution outlined above.

Initial Governance Delegation

All of Vote Maia's unclaimed Burnt Hermes Governance will be delegated to the DAO's Timelock address so Vote Maia can be used to vote for important/major Hermes Protocol governance proposals through Maia's own governance.

Contract Audit

Due to the small size of this contract and budget constraints, we engaged only a single external audit with Zellic. To compensate for this, the contract underwent multiple rigorous internal audits and security reviews, both before and after the external engagement. We also ensured that all execution paths were thoroughly tested, and have continued to invest in improving the contract’s security throughout development and beyond the audit.

You can find a link to the audit report here.

IV. Implementation Plan

1. Contract Deployment: The Partner Vault contract has already been deployed: 0x000000009239de863fb45a2577358e2073b6a0fc

2. On-Chain: Upon proposal execution the Vote Maia contract will recognize the vault as the delegated operator for utility token functions.

3. Front-End: Maia Boosted Strategies will become visible in the user interface following proposal execution.

V. Governance Considerations

Ownership and Access Control

The Partner Vault has been deployed with the permission structure below. Including an owner that will be set as the DAO's Timelock address, the owner has all the permissions below and can also grant other addresses with one or more of the following permissions:

• Gauge Vote Strategy Management
  Controls which gauges are voted on and in what proportions.

  No need for delegation, the DAO's Timelock is the owner.

• Bribe Opt-In Management
  Determines whether the vault opts in to bribe markets for supported gauges.

  Will be delegated to the following DAO's Multisig: 0xD2ef1...6d431

• Boost Aggregator Management
  Can change the active Boost Aggregator used by the Vault.

  No need for delegation, the DAO's Timelock is the owner.

• Boost Aggregator Allowlist Management
  Manages which strategy contracts can receive Boost allocations from the vault.

  Will be delegated to the following DAO's Multisig: 0xD2ef1...6d431

• Boost Fee Management
  Controls the fee percentage taken from boosted rewards (currently set at 10%).

  No need for delegation, the DAO's Timelock is the owner.

• Governance Vault Management
  Manages voting delegation and administrative permissions related to Vote Maia’s governance power.

  No need for delegation, the DAO's Timelock is the owner.

VI. Conclusion

Integrating the Maia Partner Vault marks a significant upgrade to our infrastructure, enabling non-custodial management of boost and governance assets while opening up powerful new yield opportunities. This proposal strengthens the competitiveness of our strategies, introduces sustainable fee flows to vMaia, and decentralizes key protocol operations. We recommend the community support this proposal to drive the next phase of growth in the Maia ecosystem.

Proposal Calldata:

• Target: 0x000000f0C01c6200354f240000b7003668B4D080

• Calldata: 0x5f2078eb000000000000000000000000000000009239de863fb45a2577358e2073b6a0fc