Overview
Mainnet V2 TVL currently sits at $859M up 3% from last week’s $834M. Current overall Mainnet TVL sitting at $1.12B. Polygon TVL is at $42.5M. TVL on Arbitrum increased to $13.7M. The recently deployed Balancer on Optimism by Beethoven X sits at $5M TVL.
Daily LP revenues for Mainnet V2 averaged around $34k last week with daily LP revenue peaking at $46k on August 3rd. Polygon daily LP revenue was on average at $3.5k.
Liquidity Mining
This section will list the top three expected pools to receive most of the next period’s emissions. Voting is open for 4 more days and the next period is scheduled to start on Thursday at 00:00 am UTC.
Mainnet - 40%WBTC/40%DIGG/20%graviAURA - currently at 32.5%.
Mainnet - wstETH/WETH - currently at 18.75%.
Mainnet - WMATIC/stMATIC - currently at 8.78%.
You can find an overlook of current LM incentives on Balancer Mainnet below:
Ecosystem
Balancer Maxi Office Hours coming up Tuesday 5 pm CET in Discord.
Orb collective shares how to scale global utilization of Balancer.
Governance:
Last week saw 3 votes on snapshot with the following outcomes:
[Yes: 1.6M veBAL; No: 0k veBAL] [BIP-37] Allocate BAL Liquidity to Polygon & Arbitrum Multichain Bridge
[Yes: 1.9M veBAL; No: 1.9M veBAL] [BIP-38] Request for BAL Allocation to Orb Collective
[Yes: 1.5M veBAL; No: 3.3k veBAL] [BIP-39] Repay Aura Treasury for Unclaimable Rewards
Community contributor 0xDanko launched a study-group initiative, focusing on growing the Balancer community and potential contributors. Acknowledging that the learning curve on Balancer might be overwhelming sometimes. If you have input, reach out to him on Discord.