Welcome back to another Chakra Alignment, where we catch up on everything happening within the Aura ecosystem.

CoW AMM

CoW AMM, a new MEV-Capturing AMM, is now live on Balancer, representing a significant innovation in DeFi by tackling the longstanding issue of Loss-versus-Rebalancing (LVR) to enhance liquidity provider (LP) yields. It has already attracted over $13M of TVL. Read More

Boosted Pools

Balancer V3 unveils Boosted Pools, enabling simultaneous yield earnings from lending platforms like Aave and AMM operations. This innovative feature utilizes Buffers for efficient swaps and integrates assets into protocols like Aave and YearnFi to maximize returns for liquidity providers. Read More

Balancer Grants

Balancer v3 makes it easier than ever to innovate on AMMs. Now Balancer is offering 150k BAL in grants for projects building on v3. There’s also a bounty program available for anyone who wants to experiment with new hook developments. Apply

Stats

Governance

[AIP-70] Permissionless pool deploys

The initiative to allow permissionless pool deploys on Aura was approved, introducing a new UI that simplifies onboarding for DAOs and protocols. This system enables entities to launch their own Balancer pools on Aura directly, reducing administrative overhead and barriers to entry, thereby enhancing the flexibility and value offered to the ecosystem.

[BIP-665] Enable COPM:WETH and COPM:USDC “FXPool” Gauges on Polygon

The initiative was approved in a close vote, with 51.94% in favor. It leverages Xave's FXPool technology to improve DeFi integrations and facilitate efficient cross-border remittances in Latin America.

[BIP-666] Provide Balancer DAO POL to CoWAMM Pools

The initiative to allocate substantial funds to CoWAMM pools was approved, involving transfers of $250k in BAL for discretionary incentives, $500k in BAL and WETH to seed the BAL/WETH pool, and $250k in USDC and WETH for the USDC/WETH pool.

[BIP-673] Amendment Balancer & CoW Protocol Strategic Partnership

The initiative to amend the Balancer and CoW Protocol strategic partnership by removing the treasury token swap due to a change in available BAL funds was approved. This adjustment aims to ensure the successful launch of CoWAMM pools without impacting other terms of the partnership, such as BAL incentives and liquidity seeding with USDC, WETH, and BAL.

[BIP-667] Roles V2 Migration & New Treasury Permissions

[BIP-668] Revoke Wonderland’s BAL Vest and USDC Payments

[BIP-669] Provide 80BAL-20WETH:WETH POL on [Ethereum]

[BIP-670] Update the Optimism Fees + LM Multisig to include Beethoven X signers

[BIP-671] Enable Gauge for inETH/wstETH [Optimism]

[BIP-672] Enable Gauge for instETH/wstETH [Optimism]

[BIP-674] Enable Gauge for gUSDC / Aave USDC [Arbitrum]

[BIP-675] Enable Several E-CLPs [Arbitrum]