Weekly Gauge #4: Oversaturation of Gauge Incentives
weeklygauge.substack.com
Balancer recently joined the cohort of projets adopting the veToken model, with various twists. Instead of pure BAL, LP tokens from the 80/20 BAL/ETH pool will be locked into veBAL. This has the big advantage of keeping BAL liquid (93+M$ of TVL in the pool currently) as well as setting a precedent for other teams to do the same with their 80/20 Balancer pools instead of adopting a vanilla veToken model).
Weekly Gauge #4: Oversaturation of Gauge Incentives
Weekly Gauge #4: Oversaturation of Gauge…
Weekly Gauge #4: Oversaturation of Gauge Incentives
Balancer recently joined the cohort of projets adopting the veToken model, with various twists. Instead of pure BAL, LP tokens from the 80/20 BAL/ETH pool will be locked into veBAL. This has the big advantage of keeping BAL liquid (93+M$ of TVL in the pool currently) as well as setting a precedent for other teams to do the same with their 80/20 Balancer pools instead of adopting a vanilla veToken model).