Summary:
Kill gauges to several pools that are either old and have duplicate pool pairs with gauge or are deprecated.
Abstract:
A handful of gauges should be killed. These are:
| Description | Pool Address | Gauge Address |
|---|---|---|
| sdYFI (Old pool) | 0x79e281bc69a03dabccd66858c65ef6724e50aebe | 0x6a69ffd1353fa129f7f9932bb68fa7be88f3888a |
| sdCRV (Old pool) | 0xf7b55c3732ad8b2c2da7c24f30a69f55c54fb717 | 0x663fc22e92f26c377ddf3c859b560c4732ee639a |
| yCRV (Old pool) | 0x453d92c7d4263201c69aacfaf589ed14202d83a4 | 0x5980d25b4947594c26255c0bf301193ab64ba803 |
| pETH/frxETH | 0x27f715999252a6e4d4794b4c9ff2ce3d6ea8fd9b | 0x65415bd1f00656c5a84f445278cd195426de66d5 |
| pETH/frxETH-A1 | 0x6f3388c40A7d063b5E17Cc4213B7674b5DE44C32 | 0x10A29439C8eB742114a1E3d6e89E3302039706f0 |
| BUSDv2 | 0x4807862aa8b2bf68830e4c8dc86d0e9a998e085a | 0xd4b22fedca85e684919955061fdf353b9d38389b |
| BUSD/FraxBP | 0x8fdb0bb9365a46b145db80d0b1c5c5e979c84190 | 0xaeac6dcd12cc0be74c8f99efe4bb5205a1f9a608 |
Motivation:
sdYFI, sdCRV, and yCRV
These pools have been redeployed with newer implementations and have all passed gauge votes to the new pools. The old pools still receive a small gauge weighting and there are reports of confusion about voting for the correct gauge. The old pools are not needed and contribute to liquidity fragmentation.
pETH/frxETH and pETH/frxETH-A1
These pools precede the Curve pool hack that affected JPEGd and use an older pETH contract. There is a new pETH/frxETH pool at 0x320b564fb9cf36933ec507a846ce230008631fd3 that passed a gauge vote last October.
BUSDv2 and BUSD/FraxBP
As per the delisting announcement, Binance has ceased support for BUSD. The announcement claims Paxos will be honoring redemptions until at least February 2024. Since BUSD is being deprecated, all BUSD pools should not be receiving gauge emissions. Note that there is a combined ~$420k combined TVL in the BUSD pools currently.
Specification:
GAUGE_PROXY = “0x519AFB566c05E00cfB9af73496D00217A630e4D5”
FACTORY_POOL_PROXY = “0x742C3cF9Af45f91B109a81EfEaf11535ECDe9571”ACTIONS = [
# kill sdYFI/YFI
(FACTORY_POOL_PROXY, “set_killed”, “0x6a69FfD1353Fa129f7F9932BB68Fa7bE88F3888A”, True),
# kill sdCRV/CRV
(FACTORY_POOL_PROXY, “set_killed”, “0x663fc22e92f26c377ddf3c859b560c4732ee639a”, True),
# kill yCRV/CRV
(FACTORY_POOL_PROXY, “set_killed”, “0x5980d25b4947594c26255c0bf301193ab64ba803”, True),
# kill pETH/frxETH
(FACTORY_POOL_PROXY, “set_killed”, “0x65415bd1f00656c5a84f445278cd195426de66d5”, True),
# kill pETH/frxETH-A1
(FACTORY_POOL_PROXY, “set_killed”, “0x10A29439C8eB742114a1E3d6e89E3302039706f0”, True),
# kill BUSDv2
(GAUGE_PROXY, “set_killed”, “0xd4b22fedca85e684919955061fdf353b9d38389b”, True),
# kill BUSD/FraxBP
(FACTORY_POOL_PROXY, “set_killed”, “0xaeac6dcd12cc0be74c8f99efe4bb5205a1f9a608”, True)
]