Overview
Last week saw a slight decrease in TVL. Mainnet V2 TVL currently sits at $992M down 4% from last week’s $1.03B. Current overall Mainnet TVL sitting at $1.235B. Polygon TVL is at $60.6M down from last week’s $66.6M. TVL on Arbitrum decreased to $18.4M from last week’s $20.2M.
Daily LP revenues for Mainnet V2 averaged around $24k last week with daily LP revenue peaking at $37k on June 1st. Polygon daily LP revenue was on average at $7k.
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 52.91%.
Mainnet - bb-a-USDT/bb-a-DAI/bb-a-USDC - currently at 10.19%.
Mainnet - wstETH/WETH - currently at 8.47%.
You can find an overlook of current LM incentives on Balancer Mainnet below:
Ecosystem
Balancer is now on Optimism. Selected pools also receive liquidity mining incentives such as WETH/BTC/USDC and ETH/OP/USDC. Find them here.
Xeonus gives an update on his grant progress for the Balancer community analytics site. Give it a look here and explore the data.
Listen to last week’s Balancer <> Stader AMA here.
Listen to last week’s Balancer <> Picke Finance AMA here.
Aura Finance published their launch timeline here. The next step is June 9th, 18:00 UTC with the LBP and Aura locking enabled.
Governance:
The Balancer governance forum now has a Delegate section. One of the current Ballers - zekraken - introduced himself as a Delegate for the Balancer governance. More information about the Delegation mechanism can be found here.
During the last week the following proposals were voted on:
[yes:148k - no: 0]Amend the Agreement with 1inch for Integrating Boosted Pools
[yes: 185k - no: 0]Allocate 31,250 BAL for Optimism Incentives
[yes: 155k - no: 0]Whitelist Stake DAO to lock BAL tokens
[yes: 185k - no: 0]Enable PAL/USDC 80/20 Gauge [Ethereum]
[yes: 125k - no: 0]Tribe DAO : boost delegation
[yes: 127k - no: 0]Introduce ChildChainGaugeTokenAdder
[yes: 132k - no: 0]Send back 3CRV stuck to Stake Dao Multisig Address
[yes: 25k - no: 146k]Allocate BAL to a Ribbon Finance Vault
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 https://github.com/balancer-labs -Fernando