[BIP-888] Migrate mainnet rETH Gauge
PR with Payload
https://github.com/BalancerMaxis/multisig-ops/pull/2534
Summary:
This proposal outlines a plan to immediately migrate the mainnet rETH pool from the now-deprecated v2 rETH/WETH pool to the newly-created v3 rETH-waEthWETH pool.
This would be done by killing the gauge of the now-deprecated pool (already completed), and adding the new gauge of the newly-created pool to the controller as soon as possible.
Any remaining pool recycled fees generated by the now-deprecated pool will be directed to the new pool gauge effective upon the new gauge being added to the controller.
Motivation:
This migration needs to happen rapidly, due to the sudden closing of the v2 pool due to a security issue. The new pool uses a v3 contract, which addresses that concern. Independently, the Rocket Pool incentives management committee had decided to move to a pool paired against Aave-ETH instead of WETH for greater efficiency.
Technical Specification:
Gauge Adds:
Transaction: The Balancer Maxi LM Multisig eth:0x9ff471F9f98F42E5151C7855fD1b5aa906b1AF7e will interact with the GaugeAdderv4 at 0x5DbAd78818D4c8958EfF2d5b95b28385A22113Cd and call the addGauge function with the following arguments:
gauge(address): 0x62a66eb9abf7a788f48d0ce7c0c065df9e09da19
gaugeType(string): Ethereum
Configuration:
alliance_fee_share.json will have the first pool in the “Rocket Pool” entry changed:
{
"name": "Rocket Pool",
…
"pools": [
{
"pool_id": "0x1ea5870f7C037930CE1d5d8d9317c670e89e13E3",
"network": "mainnet",
"partner": "Rocket Pool",
"eligibility_date": "2025-04-15",
"active": true
},
…
]
},
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0xAD99...2442CC | 2.433M | 100% for Yes, let's do it, 0% for No, this is not the way, 0% for Abstain |
0x8787...73ea52 | 410,994 | 100% for Yes, let's do it |
0x9f74...0dD68e | 178,228 | 100% for Yes, let's do it |
0xC69a...f76411 | 12,123 | 100% for Yes, let's do it |
0x9d57...3765a5 | 3 | 100% for Yes, let's do it |
VOTE POWER
Proposal Status
- Fri November 14 2025, 07:00 pmVoting Period Starts
- Tue November 18 2025, 07:00 pmEnd Voting Period
Current Results
1-Yes, let's do it
3.034M
