Overview
Mainnet V2 TVL currently sits at $2.25B down 6% from last week’s $2.4B. Current overall Mainnet TVL sitting at $2.62B. Polygon TVL is at $179M down from last week’s $211M. TVL on Arbitrum decreased to $46M from last week’s $65M.
Daily LP revenues for Mainnet V2 averaged around $65k last week with daily LP revenue peaking at $104k on the 26th of April. Polygon daily LP revenue was on average at $15k.
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 17.39%.
Mainnet - 50%USDC/50%WETH - currently at 12.7%.
Mainnet - veBAL - currently at 11.73%.
You can find an overlook of current LM incentives on Balancer Mainnet below:
Ecosystem
The latest Paradigm Newsletter picks up Balancer’s recent news about establishing a Foundation.
Tracer has received a grant from Balancer grants for the creation of an aggregated liquidity model and yield generating pools.
BeethoxenX proposes the deployment of Balancer on Optimism.
DAO spotlight
Ending of Coordinape epoch for April: Thoughts from Danko (DAO contributor)
During these first weeks contributing for BalancerDAO, I have applied for helping Ops subDAO on our Onboarding process. I found a very open-minded group, with people willing to listen and sharing ideas on growing our community. First tasks were taken on our Notion webpages, as we consolidate the Super-Hub as our main repository and source of information, taking care of conflicting gateways. Along with the Ops team, we also implemented a “firsts-quests” project for onboarding people through Discord. Newcomers can complete tasks and learn how to contribute to BalancerDAO, being rewarded with a POAP at the end after handling us an application form. I believe BalancerDAO has huge responsibilities on its hands, and I am thrilled to be a part of this community.
Governance:
There are currently no votes active on snapshot:
Multiple proposals are up on the forum:
[Proposal] Strategic Partnership with Aave DAO
[Proposal] Treasury Swap with BeethovenX
[Proposal] Fund the Integration of Boosted Pools in the 1inch Aggregation Protocol
[Proposal] Whitelist the Aave Companies’ Gnosis Safe multisig for Balancer’s VoteEscrow
[Proposal] Deploy Balancer to Optimism, managed by BeethovenX
The Balancer DAO appreciates the vote of trust from all veBAL holders to continue to fund the Balancer DAO for Q2 2022.