The Balancer Report

For the week ending April 16th, 2022

Overview

Balancer TVL - https://dune.xyz/balancerlabs/balancer-pools

Mainnet V2 TVL currently sits at $2.4B up 5% from last week’s $2.28B. Balancer V2 Mainnet TVL continues to grow to new highs. Current overall Mainnet TVL sitting at $2.8B. Polygon TVL is at $238M up from last week’s $232M. TVL on Arbitrum increased to $77M from last week’s $76M.

Mainnet Balancer V2 LP Daily Revenue - https://dune.xyz/queries/73573/146631

Polygon Balancer V2 LP Daily Revenues - https://dune.xyz/queries/97876/196524

Daily LP revenues for Mainnet V2 averaged around $57k last week with daily LP revenue peaking at $118k on the 11th of April. Polygon daily LP revenue was on average at $13k.

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 - 50%WETH/50%USDC - currently at 24.22%.

• Mainnet - 33%bb-a-USDT/33%bb-a-DAI/33%bb-a-USDC - currently at 14.81%.

• Mainnet - 50%YFI/50%WETH - currently at 11.66%.

You can find an overlook of current LM incentives on Balancer Mainnet below:

Balancer on Mainnet

Ecosystem

• [REDACTED] launches their ve-aaS solution for Balancer.

• Balancer will be at Devconnect in Amsterdam next week. Come by and meet us.

  • Sponsoring ETH Day on April 18.

  • The DAOist on April 19.

  • Never Rekt on April 19.

  • DeFi, Scaling, Drinks on April 22.

  • Sponsoring DeFi Day on April 25.

• Balancer is part of Tribe DAO’s Turbo Launch.

• 0x70626a.eth shares development progress for a TWAMM coming to Balancer.

Governance & DAO

subDAO spotlight - community-dev:

balancer.tools v2 beta has officially launched! It is packed with features like a $veBAL boost calculator and much more. $veBAL boost calculator: an important tool if you want to research how much $veBAL you want to lock to get a certain boost or which boost to expect for a certain configuration.

You can read more about what it offers here.

Governance:

This weekend has 5 active votes for the Balancer protocol on snapshot:

• [Vote] Decide on Gauge Unexpected Behavior.

• [Vote] Fund BalancerDAO for Q2 2022.

• [Vote] Enable BADGER/wBTC 80/20 Gauge.

• [Vote] Allow Tribe DAO to lock veBAL.

• [Vote] Enable NOTE/WETH 80/20 veBAL Gauge.

The active votes have had great discussions & perspectives shared on the forum. Take your time and read through all the viewpoints shaping these votes.

The Aura Finance Allowlist proposal & the proposal to incorporate a Balancer Foundation is a great place to share your thoughts.

Calling all veBAL holders to make their voice heard on the current active snapshot proposals.