Hey there, I’m a contributor at BalancerDAO. I can speak to
- Following with the previous, I would also like to understand if these types of swaps will not be so frequent from Balancer’s side, and only with a really solid group of long-term partners. That will definitely give more confidence to Aave community members. Maybe somebody of the Balancer community could comment on that?
The Balancer community wants to maintain a level playing field for protocols planning to participate in veBAL so we plan to only endorse treasury swaps with key long term partners, like Aave. We have executed a few swaps before veBAL was announced with close partners - TribeDAO, Gnosis, mStable, and PrimeDAO. Going forward I expect very few if any swaps to get endorsed by the community. A swap with Aave might be one of the very few we would support in my view.
All that said, anyone can propose a treasury swap and veBAL governance has the final say to approve it or not - so we cannot guarantee anything of course 