title: [ARFC] Whitelist Balancer DAO to Claim Liquidity Mining Rewards
author: @TokenLogic
created: 2025-01-15
Simple Summary
This publication proposes allowing the Balancer DAO to claim liquidity mining rewards generated by Balancer v3 Boosted Pools through the Aave Protocol.
Motivation
With the launch of Balancer v3, the new Boosted Pool type allocates some or all tokens to generate additional yield for liquidity providers, primarily through deposits into the Aave Protocol. Yield-bearing tokens can comprise 25% to 100% of a Boosted Pool’s total liquidity.
This proposal enables the Balancer DAO to retrieve liquidity mining rewards from Boosted Pools for redistribution to users and the DAO.
To facilitate this, Aave Protocol’s claimOnBehalfOf
function allows designated addresses to claim rewards on behalf of smart contracts.
Without assigning a specific address as the contract owner, these rewards cannot be claimed, leaving them inaccessible.
Specification
Set Balancer contract 0x9ff471F9f98F42E5151C7855fD1b5aa906b1AF7e
as the claimer (caller
) on behalf of the Balancer v3 vault as the user
0xbA1333333333a1BA1108E8412f11850A5C319bA9
.
Call setClaimer() for Balancer contracts on INCENTIVES_CONTROLLER_PROXY_ADDRESS
Network | Description | Address |
---|---|---|
Ethereum | waEthLidoWETH | 0x0fe906e030a44ef24ca8c7dc7b7c53a6c4f00ce9 |
Ethereum | aEthLidowstETH | 0x775f661b0bd1739349b9a2a3ef60be277c5d2d29 |
Ethereum | waEthWETH | 0x0bfc9d54fc184518a81162f8fb99c2eaca081202 |
Ethereum | waEthUSDT | 0x7bc3485026ac48b6cf9baf0a377477fff5703af8 |
Ethereum | waEthUSDC | 0xd4fa2d31b7968e448877f69a96de69f5de8cd23e |
Ethereum | waEthUSDe | 0x5f9d59db355b4a60501544637b00e94082ca575b |
Ethereum | waEthLidoGHO | 0xc71ea051a5f82c67adcf634c36ffe6334793d24c |
Ethereum | waETHUSDS | 0xb80B3215EA8183a064073f9892eb64236160a4dF |
Ethereum | waETHpyUSD | 0xb51EDdDD8c47856D81C8681EA71404Cec93E92c6 |
Gnosis | waGnowstETH | 0x773cda0cade2a3d86e6d4e30699d40bb95174ff2 |
Gnosis | waGnoGNO | 0x7c16f0185a26db0ae7a9377f23bc18ea7ce5d644 |
Gnosis | waGnoWETH | 0x57f664882f762fa37903fc864e2b633d384b411a |
Gnosis | waGnoUSDCe | 0x51350d88c1bd32cc6a79368c9fb70373fb71f375 |
Incentives Controller:
0x8164Cc65827dcFe994AB23944CBC90e0aa80bFcb
Given that Balancer v3 is currently deployed only on Ethereum and Gnosis, this publication proposes that future proposals specific to Balancer v3 Boosted Pools proceed via the Direct-to-AIP process.
Disclosure
TokenLogic does not receive any payment for this proposal.
Next Steps
- Gather feedback from the community.
- If consensus is reached on this ARFC, escalate this proposal to the Snapshot stage.
- If Snapshot outcome is YAE, escalate this proposal to the AIP stage.
Copyright
Copyright and related rights waived via CC0.