Overview
It was another week of negative to flat price action for most of the market. Mainnet v2 TVL declined to $1.44B from $1.51B, Polygon fell to $189M from $195M, and Arbitrum retreated to $78M from $85M.
Daily LP Revenues are steady as she goes. Now that the protocol fee has been activated on Polygon and Arbitrum (and soon, mainnet), we’ll start tracking the protocol fee collector wallet. So far, it’s collected $14,700.
Liquidity Mining
You may have seen this week’s big announcement that boosted pools were released. Then you might have asked yourself “wen incentives”. The liquidity mining committee has allocated 5k BAL to the aave boosted stable pool beginning on Monday - otherwise, there are no major changes.
Ecosystem
Kia from Balancer Labs posts their bi-weekly community update
Gauntlet pushes another round of fee updates
Aave boosted pools have officially launched
OlympusDAO has voted to seed a new OHM pool on Balancer
Alchemist adds 80/20 MIST/WETH liquidity on Balancer
Governance
Tempus proposes a framework for long term collaboration
Fernando and Balancer Labs make a governance pledge to the ecosystem
Voting goes live today to invest TRIBE, FEI, and MTA from the treasury