Chakra Alignment: July 1, 2024

GM meditators, it's time for a quick chakra alignment.

LP Opportunities

tBTC-WETH: 51% [Base] - https://app.aura.finance/#/8453/pool/6
cbETH-rETH-wstETH: 11.4% [Arbitrum] - https://app.aura.finance/#/42161/pool/50
AaveUSDCn-paUSD: 42.5% [Polygon] - https://app.aura.finance/#/137/pool/23
AaveUSDC-sDAI: 24.9% [Base] - https://app.aura.finance/#/8453/pool/10

Stats

This recent voting epoch saw ~$370k in voting incentives with ~60% APR for vlAURA voters. Very comfy.

Governance

In the last couple of weeks, we’ve seen quite a few proposals approved on Snapshot.

New gauges were approved from protocols entering the Balancer/Aura ecosystem for the first time, as well as old friends. Governance related to funding and operations was especially busy.

Gauges:

[BIP-620] Enable gauge for wstETH/WETH E-CLP [Gnosis]
[BIP-622] Enable Gauge for saETH/wstETH pool on Mainnet
[BIP-623] Enable gauge for weETH / wstETH E-CLP (Arbitrum)
[BIP-624] Enable rsETH / WETH Gauge (Arbitrum)
[BIP-625] Enable gauge for WETH/rETH on [Gnosis]
[BIP-626] Enable Gauges for 4 Heroglyphs Genesis Tokens
[BIP-627] Enable syrupUSDC / sDAI Gauge (Ethereum)
[BIP-636] Enable Gauge for WAR/WETH on mainnet

Other Governance:

[BIP-621] Lock SAFE balance
[BIP-628] Balancer & Cow Protocol Strategic Partnership – Launching CoWAMM Pools
[BIP-629] Balancer DAO Service Provider & Grantee Standards
[BIP-630] Fund Balancer Maxis for Q3 2024
[BIP-631] Fund Beethoven X DAO - Technical for July - December
[BIP-632] Fund Beethoven X DAO - Marketing for July - December 2024
[BIP-633] Fund Balancer Grants Q3 2024
[BIP-634] Funding Balancer OpCo - Admin & Ops - Year 3
[BIP-635] Business Development SP Proposal for Q3 2024
[AIP-67] Fraxtal Deployment

Tweets You Might Have Missed

Aura

@AuraFinance

A new post by @fcmartinelli appeared on the @Balancer forum, sharing his thoughts on the protocol’s future.

Here’s a quick summary for those with diminished attention spans.

Balancer v2 has already proven to be the place for developers to experiment with new and…

Aura

@AuraFinance

Aura’s franchise, @HyperlockFi, continues its impressive growth on @Blast_L2.

Hyperlock’s TVL has reached yet another ATH (107,700 ETH). For those denominating in Biden Bucks, that’s $383m and currently ranks third on the chain.

In Blast’s most recent Gold distribution,…

Aura

@AuraFinance

Balancer has long held the belief that yield-bearing assets will dominate DeFi.

This thesis has influenced the protocol in numerous ways and is evident with the popularity of pools paired with @LidoFinance’s wstETH.

It makes sense for protocols to pair their tokens against an…

Balancer

@Balancer

Liquid Staked Tokens (LSTs) and Yield-Bearing stablecoins have grown to become DeFi’s most dominant sectors.

This article explains why Balancer is the most attuned decentralized technology layer to host these assets.

medium.com/balancer-proto…

Aura

@AuraFinance

Aura is coming to Fraxtal

@Balancer recently voted to deploy on Fraxtal, and now, with AIP-67, Aura is following suit.

The @fraxfinance team constantly ships new innovations. They’ve brought several products to market, including:

The FRAX stablecoin and RWA sFRAX
frxETH and…

Aura

@AuraFinance

When @CoWSwap enters the room, you know it’s time to pay attention. CoW AMM is unlike anything else in DeFi and will usher in a new era of LP profitability.

Where’s it’s being built? Balancer!
Where will CoW AMM LPs will boost their yield? Aura!

A quick ELI5 explanation…

Aura

@AuraFinance

As part of @Arbitrum’s STIP program, 50k ARB tokens will flow into various @Balancer pools weekly for 12 weeks.

That means lots of juicy opportunities for Aura LPs.

Let’s see how the yield components stack up using @Ether_Fi’s weETH-wstETH E-CLP pool as an example.

LPs…