Balancer, RDNT Capital, and PlutusDAO collaborate to enhance governance tokenomics on Arbitrum
Balancer, RDNT Capital, and PlutusDAO collaborate to enhance governance tokenomics on Arbitrum
Balancer has partnered with RDNT Capital and PlutusDAO to introduce governance tokenomics advancements on Arbitrum. The collaboration utilizes the ve8020 mechanism, liquid wrappers, incentive flywheels, and core pool dynamics. Radiant Capital's governance position with the RDNT/ETH 8020 Balancer BPT has facilitated over $260 million in swap volume and generated $1.31 million in incentives via swap fees. The RDNT token has achieved a swap liquidity of $51 million. PlutusDAO introduces PlsRDNT V2, a liquid, max locked #dLP position that compound incentives within a liquid token. The position unlocks various benefits, including yield-bearing features, a share of $ARB STIP, $BAL incentives, and esPLS rewards from Plutus. It also integrates with AuraFinance for boosted rewards. However, users should consider smart contract risks as the complexity increases.
1/ In collaboration with @RDNTCapital and @PlutusDAO_io, Balancer technology is taking governance tokenomics to the next level on @arbitrum. Harnessing #ve8020, liquid wrappers, incentive flywheels & core pool dynamics... This is plsRDNT V2. A 馃У
Tangent Launches USG-GHO Stable Pool on Balancer with Dual Yield
**Tangent has deployed its USG stablecoin on Balancer**, pairing it with Aave's GHO in a new Stable Pool. **Key features:** - Pool maintains tight parity between USG and GHO - 100% boosted structure allows both assets to earn yield - Liquidity providers collect swap fees plus underlying interest **How it works:** The pool design enables continuous yield generation from two sources - trading fees from swaps and interest rates from Aave's lending protocol. Both stablecoins in the pair benefit from this dual-yield mechanism. This follows Balancer's existing stablecoin infrastructure, which includes a ~$14m pool featuring GHO, USDC, and USDT with similar yield-generating properties and additional BAL and GHO incentives.
Beefy Finance Launches Auto-Compounding Collateral on Euler's Monad Market
Beefy Finance has integrated a USDT0/AUSD/USDC pool as auto-compounding collateral on Euler Finance's AUSD market, now live on Monad. **Key Details:** - The pool is built on Balancer's infrastructure - Enables automated yield optimization for stablecoin holders - Expands DeFi composability across Monad ecosystem This integration follows previous collaborations between these protocols, including a similar AUSD/USDT/USDC pool on Avalanche that achieved 28% APR through Aura Finance incentives.
veBAL Delegations Won't Transfer to New System
**Action Required for Delegators** If you've delegated your voting power under veBAL, you'll need to take action: - Delegations from the old veBAL system **will not automatically transfer** to the new voting system - You must manually re-set your delegation through the portal - Check who currently holds your voting power and confirm the delegation - **This process must be completed separately for every chain** where you have delegated votes Without re-setting your delegation, your voting power won't count in the new system.
Balancer Eliminates Token Locking for Governance Voting
Balancer has implemented a significant governance change with BIP-921 now live onchain. **Key Changes:** - **No more token locking required** - The veBAL sunset means BAL holders can now vote without locking their tokens - **Direct voting power** - Raw BAL balances across 7 chains (Ethereum, Arbitrum, Base, Polygon, Optimism, Gnosis, and Avalanche) now determine voting power - **New quorum threshold** - Set at 10M BAL - **No decay mechanism** - Voting power remains constant without time-based reduction This marks a shift from the previous vote-escrowed model to a more straightforward governance system where simply holding BAL tokens grants voting rights.
Balancer V2 Incident Fund Claims Deadline Approaching August 10th
**Deadline Alert: August 10th** Funds rescued from Balancer's November 3rd V2 security incident remain claimable, but time is running out. The 180-day claim window closes on **August 10th**. **Key Details:** - Whitehat-rescued funds are available for eligible users - Claims opened in February following BIP-892 - After the deadline, governance will determine the fate of unclaimed funds **Action Required:** Check your eligibility at [balancer.fi/portfolio](http://balancer.fi/portfolio) If you were affected by the November incident, verify your claim status now to avoid missing the deadline.