Overview
Markets continued to hold near their highs this week which helped push TVL to another record high. Mainnet v2 TVL now sits at $1.7B from $1.61B last week. Polygon also moved higher to $179M from $170M. Arbitrum continued its upward trajectory, now at $114M from $109M.
Daily LP Revenue ticked up across the board this week which is nice to see. Polygon in particular is seeing strong volume the last few days, perhaps driven by MATIC nearing the all time high. We’ll check back next week to see if this trend continues.
The only updates this week are BANK/ETH incentives starting on mainnet and NDX/ETH and LINK/ETH slightly reduced on Arbitrum.
Ecosystem
Gauntlet pushes another round of fee updates
dHEDGE has integrated Balancer on Polygon
Governance
Voting is live to fund Balancer Grants DAO Round 2
Voting is live to renew funding for the Ballers
Voting is live to work with Alchemist to provide BAL rewards & retain LBP liquidity
Baller Reptile Presidente proposes taking control of the @Balancer twitter account
Baller Xeonus proposes activating the protocol fee