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closedEnded 3 months ago ยท Snapshot (Offchain)

[BIP-894] Kill Stream Gauges

By 0xff02...9E1751

https://github.com/BalancerMaxis/multisig-ops/pull/2572

Summary

The purpose of this publication is to kill four Stream gauges:

  • xUSD/vgUSDC (Mainnet)
  • xUSD/vgUSDC (Arbitrum)
  • xUSD/mevUSDC (Avalanche)
  • xBTC/mevBTC (Avalanche)

Motivation

On November 4, 2025, Stream Finance disclosed a $93 million loss through an external fund manager, leading to the immediate suspension of all withdrawals and deposits. As a consequence, tokens have depegged and no longer serve any practical utility.

The xUSD/vgUSDC pool is particularly affected: vgUSDC is a Silo vault that allocated to xUSD and now has no available liquidity, resulting in zero volume in recent days despite attracting significant votes due to its Core Pool status. These gauges should be killed to prevent further emissions to pools with no productive use.

Specification

Gauge Addresses

PoolNetworkGauge Address
xUSD/vgUSDCMainnet0xc13a3315806f097cee00e39c4285f5bf250dd8a4
xUSD/vgUSDCArbitrum (Root)0x8c8722786aa9651b65425680642564a12e2dd854
xUSD/mevUSDCAvalanche (Root)0x4f23CCC4349E9500d27C7096bD61d203F1D1C1Aa
xBTC/mevBTCAvalanche (Root)0xc429d0602365f09a9257be3be14c94b83cbbbb37

Technical Details

  • Gauge Controller: 0xf5dECDB1f3d1ee384908Fbe16D2F0348AE43a9eA
  • Kill Function Selector: 0xab8f0945
  • Safe Multisig: 0x9ff471F9f98F42E5151C7855fD1b5aa906b1AF7e
Continue Reading
Connect Wallet to Add Note
0
Votes 6
VoterCast PowerVote & Rationale
0xAD99...2442CC
2.473M

100% for Yes, let's do it, 0% for No, this is not the way, 0% for Abstain

0xa9B3...50eB7E
341,696

100% for Yes, let's do it, 0% for No, this is not the way, 0% for Abstain

0x8787...73ea52
181,547

100% for Yes, let's do it

0xC69a...f76411
11,915

100% for Yes, let's do it

0x9d57...3765a5
2

100% for Yes, let's do it

SHOW MORE
VOTE POWER
0
Connect Wallet
Proposal Status
  • Fri December 12 2025, 07:00 pmVoting Period Starts
  • Tue December 16 2025, 07:00 pmEnd Voting Period
Current Results

1-Yes, let's do it

3.009M

Quorum 3.009M/2M
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