TDP 38: Addendum to Pre-approve BPT Locking & Voting for veBAL
As an addendum to TDP 37, it is proposed to extend the BPT staking approval to a wider array of protocols that could be built on top of the veBAL framework (i.e protocols using BPT to redirect BAL inflation rewards).
Such protocols could be liquidity rewards redirection protocols & other players using the BPT/veBAL primitive.
Allowing BPT locking/staking on other protocols beyond the Balancer original interface would still enable to redirect rewards towards MTA native pools while getting an extra opportunistic position to these platform native tokens, which could turn out to be profitable.
Links
- RFC: Pre-approve BPT Locking & Voting for upcoming veBAL Tokenomics on Balancer
- Proposal: TDP 38: Addendum to Pre-approve BPT Locking & Voting for veBAL
- Discussion: TDP 38: Addendum to Pre-approve BPT Locking & Voting for veBAL
Should the staking approval of BPT outlined in TDP 37 be extended as proposed in TDP 38?
Off-Chain Vote
Yes, allocate up to 25% of BPT
0 vMTA0%
Yes, allocate up to 50% of BPT
0 vMTA0%
Yes, allocate up to 75% of BPT
0 vMTA0%
Yes, allocate up to 100% of BPT
4.13M vMTA100%
Against
0 vMTA0%
Timeline
Apr 04, 2022Proposal created
Apr 04, 2022Proposal vote started
Apr 08, 2022Proposal vote ended
Oct 26, 2023Proposal updated