Overview
Mainnet V2 TVL currently sits at $1.89B down 16% from last week’s $2.25B. Current overall Mainnet TVL sitting at $2.22B. Polygon TVL is at $165M down from last week’s $179M. TVL on Arbitrum decreased to $41M from last week’s $46M.
Daily LP revenues for Mainnet V2 averaged around $65k last week with daily LP revenue peaking at $74k on May 6th. Polygon daily LP revenue was on average at $17k.
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 - 70%WETH/30%FEI - currently at 14.61%.
Mainnet - 80%LDO/20%WETH - currently at 12.28%.
Mainnet - 50%USDC/50%WETH - currently at 9.63%.
You can find an overlook of current LM incentives on Balancer Mainnet below:
Ecosystem
Defiance Capital shares Balancer as part of their portfolio highlights.
LidoDAO and PrimeDAO have joined the veBAL LM voting incentives last week.
Gerg shares how to significantly reduce gas cost while swapping on Balancer by utilizing the batchSwap functionality.
Messari published their report about Balancer in Q1 - 2022 which governance approved on March 11th, 2022.
Recap of the last conferences Balancer attended and what is coming up at Permissionless.
Governance:
The governance section of the Forum & Discord was busy over the last few days as a proposal about Securing a BAL Reactor in Tokemak CoRE3 was highly debated. The discussion revolved around the content of the proposal but also the current governance process of the Balancer DAO received feedback on what could be improved.
Current votes on snapshot are:
Fund the Integration of Boosted Pools in the 1inch Aggregation Protocol
Allocate up to $2MM in BAL to Secure a BAL Reactor in Tokemak CoRE3
Do you want to work with Balancer? “Best application for a tech job is making a PR with a meaningful improvement and clean code. @balancer is fully open source and we are hiring: come apply on -Fernando