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closedEnded 4 years ago ยท Snapshot (Offchain)

BIP 95 - GraviAURA Regulations

By 0xf3Fc...Ddf8cC

TLDR;

graviAURA tokens inside of a Balancer gauge will not overvote for the guage they are in if the gauge has 10% or more of the total vote weight. The graviAURA vote weight will instead vote for core pools based on the bribe distribution with 90% of its vote weight and the usual 10% vote weight fee will be taken by BadgerDAO.

Outcome:

The above fix will align the interests of BadgerDAO, BalancerDAO, naked graviAURA depositors and graviAURA LPs in gauges. This will also allow for large veBAL holders to still overvote for graviAURA pools but with diminishing returns.

Using the excess vote weight to vote for bribes will align with Balancer core pools and drive emissions to pools earning the highest fees. This is ideal compared to voting for specific pools as it allows graviAURA to better follow natural market forces and not overvote for pools in an ever changing landscape.

A 3 month time limit will ensure that any interested parties can take the time to bring more complete governance to the table as more data becomes available.

RFF: https://discord.com/channels/743271185751474307/999723996088123453

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Connect Wallet to Add Note
0
Votes 132
VoterCast PowerVote & Rationale
0x36cc...F2ffc6
1.352M

No, do not implement

0x4ccC...197bca
20,123

Yes, implement the regulations

0x465b...21D0C2
10,767

Yes, implement the regulations

0x79cD...9fD6F1
7,533

Yes, implement the regulations

gekko.eth ๐Ÿฆ‡๐Ÿ”Š
4,139

Yes, implement the regulations

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0
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Proposal Status
  • Mon August 01 2022, 08:44 pmVoting Period Starts
  • Thu August 04 2022, 08:44 pmEnd Voting Period
Current Results

1-No, do not implement

1.352M

96.17%

2-Yes, implement the regulations

53,777.191

3.83%
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