Overview
Crypto markets retreated from their recent highs this week which depressed TVL a bit. Mainnet v2 TVL fell slightly to $1.75B from $1.83B last week. Polygon also slumped to $180M from $191M, but Arbitrum continues to show strength - rising slightly to $124M from $121M.
All looks normal for Daily LP revenues. Lifetime total on mainnet just crossed $13.5M and $3.6M on polygon.
Liquidity Mining
A new TUSD stable pool is planned to start receiving distributions on Monday. Distributions for USDC/WETH/SNX/GRT and WETH/LINK/BAL/AAVE are being reduced to make room.
Ecosystem
Gauntlet pushes another round of fee updates
Merit Circle looks back at their record-breaking LBP
Gyroscope Protocol is highlighted in this week’s #BuiltOnBalancer
Refresher on why you should use Balancer’s 80/20 pools
Learn about how Miner Extractable Value. A key benefit of Balancer-Gnosis Protocol is protection against MEV.
Atlantis World has integrated Balancer into their 2D metaverse
Balancer Labs is hiring a web3 Javascript/Typescript engineer
Copper Launch adds support for Polygon
Governance
A proposal was made to commission quarterly financial reports through the Messari hub
I propose some important changes to our governance process
The Balancer <> Fei Treasury Swap proposal has passed