Overview
Last week saw an increase in TVL. Mainnet V2 TVL currently sits at $1.14B up 15% from last week’s $0.99B. Current overall Mainnet TVL sitting at $1.3B. Polygon TVL is at $80.1M down from last week’s $83M. TVL on Arbitrum decreased to $25M from last week’s $29M.
Daily LP revenues for Mainnet V2 averaged around $42k last week with daily LP revenue peaking at $54k on May 14th. Polygon daily LP revenue was on average at $10k.
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%BADGER/20%WBTC - currently at 45.28%.
Mainnet - 33%bb-a-USDT/33%bb-a-DAI/33%bb-a-USDC - currently at 11.13%.
Mainnet - 70%WETH/30%FEI - currently at 5.69%.
You can find an overlook of current LM incentives on Balancer Mainnet below:
Ecosystem
A proposal to transition the Merit Circle staking program to a 80/20 Balancer pool is on their forum and is being currently voted on.
An AMA with Realestate.exchange (Grants recipient) will happen on May 24th at 4 pm CET in the Balancer Discord.
Tribe DAO is discussing establishing a FEI-FRAX-DAI pool on Balancer to increase adoption.
Governance:
The Balancer governance forum now has a Delegate section. One of the current Ballers (Solarcurve) introduced himself as a potential Delegate for the Balancer governance there. You can read about him here. More information about the Delegation mechanism can be found here.
Current votes on snapshot are:
A multitude of proposals are actively being discussed such as:
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