Overview
Mainnet V2 TVL currently sits at $522M up 1% from last week’s $517M. Current overall Mainnet TVL sitting at $746M. Polygon TVL is at $53.3M down from last week’s $60.6M. TVL on Arbitrum stayed at around $10M compared to the previous week. The recently deployed Balancer on Optimism by Beethoven X sits at $6.2M TVL.
Daily LP revenues for Mainnet V2 averaged around $48.5k last week with daily LP revenue peaking at $118k on June 24th. Polygon daily LP revenue was on average at $9k.
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 - 80%CREAM/20%WETH - currently at 53.13%.
Mainnet - bb-a-USDT/bb-a-DAI/bb-a-USDC - currently at 9.33%
Mainnet - wstETH/WETH - currently at 7.96%.
You can find an overlook of current LM incentives on Balancer Mainnet below:
Ecosystem
Learn why Balancer decided to deploy on Optimism and what is to come in the future on this latest twitter spaces recording.
Listen to the recording of Baller Solarcurve talk about veTokenomics.
StakeDAO released their full Balancer strategies for boosted incentives.
Grants wave 4 Round up coming up on July 1st. 2 pm CET in Discord.
Balancer & Beethoven X governance fund program being voted on.
Mark your calendars for the Balancer DAO June Update on June 29th 7 pm CET.
Governance:
Since the addition of the “Delegate citadel” area on the forum, six people came forward with the intention to function as a Delegate for the Balancer DAO. These are currently:
Zekraken ( 42k veBAL delegated )
Xeonus ( 22k veBAL delegated )
Solarcurve ( 21k veBAL delegated )
Andrea81 ( 8.4k veBAL delegated )
StableNode ( 652 veBAL delegated )
Zen-dragon ( 0 veBAL delegated )
A full list of veBAL voting power delegated can be found here.
Last week saw 5 votes on snapshot with the following outcomes:
[Yes: 139k; No: ; Abstain: 181k] [BIP-18] Fund the Balancer Maxis for Q3
[Yes: 316k; No: 0; Abstain: 0] [BIP-17] Request BAL from treasury for June 2022 Balaries
[Yes: 290k; No: 0; Abstain: 0] [BIP-16] Update DAO Multisig Replacement List
[Yes: 289k; No: 0; Abstain: 0] [BIP-15] Enable FIAT/USDC/DAI Stableswap Gauge [Ethereum]
[Yes: 287k; No: 0; Abstain: 39k] [BIP-14] Funding Proposal for the Balancer Foundation
A multitude of proposals are actively being discussed such as:
[Proposal] Fund Balancer Community Group [BCG]
[Proposal] Funding Proposal for Orb Collective
[Proposal] Funding Proposal for Ecosystem Ops and Development Squad
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 https://github.com/balancer-labs -Fernando