On behalf of the Balancer community, I’d like to propose the following modifications to the token whitelist used for BAL governance distribution. As a reminder, these whitelist proposals are now pre-approved on objective technical criteria only, so they are not subject to community vote. All new tokens will be placed at cap1 for liquidity mining, meaning each token’s measured BAL-eligible liquidity is scaled to a maximum of $1M (at time of writing). At any time, community members may propose to increase a token’s cap to the next tier. For reference, please see the previous proposals which detail the motivation for creation of the whitelist and define the list of tokens used to date. Links are included at the end of this post.
Proposed Modifications
The following token has undergone a migration. I propose modifying the existing whitelist entry for this token to the new contract address. The existing cap will be preserved, and the old address will no longer participate in liquidity mining.
MIGRATE EDO->PNT 0xCeD4E93198734dDaFf8492d525Bd258D49eb388E -> 0x89Ab32156e46F46D02ade3FEcbe5Fc4243B9AAeD
I would also like to propose adding the following new tokens to the whitelist:
ADD API3 0x0b38210ea11411557c13457D4dA7dC6ea731B88a
ADD BANCA 0x998b3B82bC9dBA173990Be7afb772788B5aCB8Bd
ADD PTF 0xC57d533c50bC22247d49a368880fb49a1caA39F7
ADD SYN 0x1695936d6a953df699C38CA21c2140d497C08BD9
ADD WFIL 0x6e1A19F235bE7ED8E3369eF73b196C07257494DE
ADD XTP 0x6368e1E18c4C419DDFC608A0BEd1ccb87b9250fc
The proposed changes will go into effect at 00:00 UTC on Monday, December 7. Pools containing whitelisted tokens will begin to accrue BAL rewards beginning at 00:00 UTC on Monday; but they may not appear on the Balancer pools UI with symbol/logo until a bit later in the week, most likely Tuesday or Wednesday. Please be patient. Furthermore, whitelisted tokens will not be added to the Balancer exchange UI; the core team adds tokens to the official exchange UI at their own discretion and considers a variety of factors. Tokens can always be traded using contract addresses in place of symbols, and anyone is free to fork the open source exchange UI to add more symbols.
Resulting Soft/Hard Pegs
The following price pegs will be added to the BAL mining scripts in response to the whitelist changes. At time of writing, soft pegs receive a wrapFactor of 0.2 and hard pegs receive a wrapFactor of 0.1.
There are no new pegs introduced this week.
Omissions
No requested tokens were omitted this week.
Reference: Prior Proposals
https://forum.balancer.fi/t/proposing-the-token-whitelist-for-bal-distribution
https://forum.balancer.fi/t/bal-whitelist-round-2
https://forum.balancer.fi/t/bal-whitelist-round-3
https://forum.balancer.fi/t/bal-whitelist-round-4
https://forum.balancer.fi/t/bal-whitelist-round-5
https://forum.balancer.fi/t/bal-whitelist-round-6
https://forum.balancer.fi/t/bal-whitelist-round-7
https://forum.balancer.fi/t/bal-whitelist-round-8
https://forum.balancer.fi/t/proposal-to-update-the-whitelist-process
https://forum.balancer.fi/t/bal-whitelist-round-9
https://forum.balancer.fi/t/bal-whitelist-round-10
https://forum.balancer.fi/t/bal-whitelist-round-11
https://forum.balancer.fi/t/bal-whitelist-round-12
https://forum.balancer.fi/t/bal-whitelist-round-13
https://forum.balancer.fi/t/bal-whitelist-round-14
https://forum.balancer.fi/t/bal-whitelist-round-15
https://forum.balancer.fi/t/bal-whitelist-round-16
https://forum.balancer.fi/t/bal-whitelist-round-17
https://forum.balancer.fi/t/bal-whitelist-round-18
https://forum.balancer.fi/t/bal-whitelist-round-19
https://forum.balancer.fi/t/bal-whitelist-round-20
https://forum.balancer.fi/t/bal-whitelist-round-21
https://forum.balancer.fi/t/bal-whitelist-round-22
https://forum.balancer.fi/t/bal-whitelist-round-23