Overview
The Total Mainnet TVL is $1.31B.
Said amount is made up of $262M from V1 and $1.04B from V2. And we can see an increase of almost 10% compared to last week.
Polygon TVL is at $49.8M, registering an increase of 14% compared to the $43.9M of the previous week.
Arbitrum TVL increased to $13.0M, that is, it had an increase of 9% compared to the $13M of the previous week.
Balancer on Optimism by Beethoven X sits at $5.3M TVL, registering an increase of 25% compared to last week..
In general, we can conclude that all the networks had increases in their TVL.
Daily LP revenues for Mainnet V2 averaged around $39k last week with daily LP revenue peaking at $81k on September 8th.
Liquidity Mining
This section will list the top three expected pools to receive most of the next period’s emissions. Voting is open for 3 more days and the next period is scheduled to start on Thursday at 00:00 am UTC.
Mainnet - 80%BADGER/20%WBTC - currently at 38.8%.
Mainnet - wstETH/WETH - currently at 13.18%.
Polygon - WMATIC/stMATIC - currently at 6.96%.
You can find an overview of current LM incentives on Balancer Mainnet below:
Ecosystem
Catch our very own @mrnventuro on the Devs Do Something Podcast talking about contract development at Balancer, how Balancer approaches security, and more here.
@DefiLlama is now tracking @Balancer on their DEXs Dashboard.
@NotionalFinance announced their next product and a paradigm shift in DeFi lending, leveraged vaults.
Messari presents the new report of Balancer LP annualized yield by chain #ETH, Polygon and Arbitrum. Read more here.
Part two of the $veBAL series dives into bribing, #BIP19’s free bribes, and how protocols use voting incentives. Don't miss it here.
Dubstard shares more warnings related to fake Balancer pages.
If you speak Spanish, make sure you give Balancer Español a follow.
There are no active bribes at the moment on Hidden Hand.
Governance:
Last week saw 10 votes on Snapshot with the following outcomes:
[BIP-59] Enable MAI/USDC Gauge on Ethereum
[BIP-60] Enable XSGD:USDC “FXPool” Gauge [Polygon]
[BIP-61] Operating Procedures for DAO's Selling Their Locked BAL Position OTC
[BIP-62] Stable v2, composableStable, Weighted v2 Permission Granting
[BIP-63] Enable IB/WETH 80/20 Gauge w/2% emissions cap [Optimism]
[BIP-64] Revised Gauge Migration to Composable Stable Pools
[BIP-65] Enable INV/DOLA 50/50 Gauge on Ethereum w/2% emissions cap
[BIP-66] Migrate Lightly Used Gauges to Capped
[BIP-67] Enable rETH/RPL Gauge [Ethereum]
[BIP-68] Enable wstETH/LDO Gauge [Ethereum]
Get involved
Balancer has a flourishing ecosystem. You’re welcome to contribute to it whether you’re a dev, a community person or a graphic designer! We strive towards onboarding every new member in a smooth and personalized way.
Join the ballers and start your Balancer journey now!
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