Overview
Mainnet V2 TVL currently sits at $854M with minimal changes from last week’s $859M. Current overall Mainnet TVL sitting at $1.09B. Polygon TVL is at $40.1M. TVL on Arbitrum decreased to $12.4M.Balancer on Optimism by Beethoven X sits at $2M TVL.
Daily LP revenues for Mainnet V2 averaged around $29k last week with daily LP revenue peaking at $36k.
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 29.2%.
Mainnet - wstETH/WETH - currently at 15.84%.
Mainnet - B-80BAL-20WETH/auraBAL - currently at 10.44%.
You can find an overlook of current LM incentives on Balancer Mainnet below:
Ecosystem
An article going into how to increase veBAL benefits.
Ithil will create a DeFi investment strategy based on Balancer and Aura.
Valory is building Smart Managed Pools on Balancer!
Boot Finance will build an Underwriting Market Maker custom pool.
Governance:
Last week saw 8 votes on snapshot with the following outcomes:
[BIP-48] Kill FEI/WETH Gauge
[BIP-49] ComposableStable and AaveLinearPools: permission granting
[BIP-50] Set Protocol Fee on Yield
[BIP-51] Gauge Migration to Composable Stable Pools
[BIP-52] Allocate BAL Liquidity to Aave
[BIP-53] Enable crosschain Gauges via LayerZero
[BIP-54] Authorize Balancer Labs to initiate distributions on Optimism gauges
[BIP-55] Funding Proposal for the Balancer OpCo
Community contributor 0xDanko launched a study-group initiative, focusing on growing the Balancer community and potential contributors. Acknowledging that the learning curve on Balancer might be overwhelming sometimes. If you have input, reach out to him on Discord.