Aave Proposal; [ARFC] Add BAL Ethereum v3

• This proposal presents Aave the opportunity to onboard BAL to the Ethereum v3 Liquidity Pool.

• BAL is valuable for Aave, and earnings from the BAL pool can be used to promote GHO and the new aToken by AaveCompanies.

• BAL's risk requirements match Gauntlet's initial discussion regarding assets to onboard to v3 Ethereum, and the community may vote on each asset individually before final approval via an on-chain AIP vote.

• Aave v3 has listed BAL as a priority due to the strategic relationship between Aave and Balancer.

• Aave has completed a token swap with Balancer and purchased an additional 100,000 BAL via a swap contract.

• The potential use cases for veBAL are numerous in supporting the growth of Aave, and Balancer DAO is a significant provider of liquidity on Ethereum and Polygon v3.

• Wildfire Stance: Wildfire supports this proposal because it ensures the growth of the Aave community and provides liquidity also.

Aave Proposal; [ARFC] Add CRV to Ethereum v3

• This proposal allows Aave to onboard CRV to the Ethereum v3 Liquidity Pool.

• CRV is a valuable asset for Aave and can be used to create veCRV to adopt GHO and incentivize the Safety Module.

• The risk parameters for CRV are the same as those provided by Gauntlet for other assets considered for v3 Ethereum.

• Assets are being presented individually to the community for consideration, with Snapshots determining how to proceed and approved assets grouped for on-chain voting.

• Wildfire Stance: Wildfire supports this proposal because CRV's addition will benefit tAave both now and in the long term.

Balancer Proposal; [BIP-174] Enable wUSDR-USDC Gauge with a 2% Emission Cap [Ethereum]

• Real USD (USDR) is a stablecoin backed by tokenized Real Estate.

• It yields 8-10% and was created by Tangible, a RWA tokenization protocol.

• Real USD governance is governed by locked TNGBL token holders.

• They have their own oracles for properties but are working with Chainlink to get set up for true property valuations.

• The Real Estate is managed by Tangible Custody, which collects rent and converts it to USDC.

• Real USD has not lost its peg since launch and can be a good source of long-term revenue for Balancer.

• Wildfire Stance: Real Estate usually generates a reliable return, but it still carries some level of risk. Wildfire is happy to support this proposal.

Balancer Proposal; [BIP-178] Enable bb-euler-USD Gauge [Ethereum]

• Euler is a lending protocol that allows users to borrow and lend digital assets.

• The platform offers yield-bearing sources for stablecoins such as USDC, DAI, and USDT.

• These stablecoins are backed by dollars and are issued by Circle, MakerDAO, and Tether.

• Balancer is focused on dominating the yield-bearing token space and improving capital efficiency.

• Linear and boosted pool architecture allows for better trading routes and sustainable liquidity options for providers.

• The partnership with Euler is one of many boosted pool options available to users as part of a great migration.

• Wildfire Stance: Wildfire endorses this proposal as it presents enhanced trading paths and viable pool choices, granting liquidity providers better avenues to allocate their investments.

Balancer Proposal; [BIP-204] Enable bb-ag WBTC/WETH/USD Gauge [Gnosis]

• The pool uses the WeightedPoolFactory-v3 and is composed of 2 linear pools and a boosted pool.

• The underlying tokens are WBTC, WETH, USDC, USDT, and DAI, which will be wrapped through Agave's lending market to earn LPs additional yield.

• The gauge will enter as a "core pool" under BIP-19, meaning protocol fees earned by this pool will be used to bribe for votes on it.

• Agave is a direct fork of Aave's money market, built to bring Defi to Gnosis Chain for lower fees to participate overall.

• The pool's motivation is to support major pairs on Balancer with Gnosis, position Balancer as a pillar in the ecosystem for trade aggregation, and drive liquidity depth on Gnosis Chain.

• The boosted APR yield will persist for users organically and kickstart a flywheel for incentives to drive net positive growth for Balancer and LPs on the network.

• Wildfire Stance: Wildfire is happy to support this gauge as it benefits the wider BAL community.

ENS TempCheck; ENS Token 2nd Airdrop

• This TempCheck proposes a second airdrop for the 5.4 million tokens that went back into the ENS treasury after the first airdrop

• The benefits of this token drop could reinvigorate current users and potentially reach new users who missed the first airdrop and are unable to vote on proposals.

• The date when a user would have to register the ENS domain shall be agreed upon by the DAO and the execution of the airdrop shall be performed by the ENS DAO.

• Wildfire Stance: Wildfire agrees that new users should have a chance to receive ENS tokens and be able to participate in the ENS governance.

Gitcoin Tempcheck; Should We Increase the Quorum?

• In order for a proposal to succeed, a minimum of 2.5 million GTC must participate in the vote. Any changes to quorum requirements must be ratified by the community

• Considering that this would only take a few delegates to pass a vote, on a slow week when a small number of people are paying attention to proposals a few delegates could pass malicious proposals.

• Wildfire Stance: Wildfire stands behind increasing the voting quorum to help increase participation and take the potential power out of the hands of a few.

Bankless TempCheck; Swapping BanklessDAO Multi-Signers

• This TempCheck’s purpose is to check the community sentiment on swapping out the BanklessDAO multi-sig signers.

• Multi-sig signers were elected in S1 and never changed. 5/7 multi-sig signers are currently inactive.

• Some of the proposed new guidelines for new signers such as:

  • must be a L2 contributor with at least 1 year contribution at bDAO.

  • must have held a leadership role in the DAO (i.e. coordinator, champion, GC).

  • must have experience with multi-sigs.

• Wildfire Stance: Wildfire strongly agrees with this Tempcheck becauce it would allow more active members to step into a multi-signer position and set a standard of participation.

Aave Proposal; [ARFC] Add BAL Ethereum v3

• This proposal presents Aave the opportunity to onboard BAL to the Ethereum v3 Liquidity Pool.

• BAL is valuable for Aave, and earnings from the BAL pool can be used to promote GHO and the new aToken by AaveCompanies.

• BAL's risk requirements match Gauntlet's initial discussion regarding assets to onboard to v3 Ethereum, and the community may vote on each asset individually before final approval via an on-chain AIP vote.

• Aave v3 has listed BAL as a priority due to the strategic relationship between Aave and Balancer.

• Aave has completed a token swap with Balancer and purchased an additional 100,000 BAL via a swap contract.

• The potential use cases for veBAL are numerous in supporting the growth of Aave, and Balancer DAO is a significant provider of liquidity on Ethereum and Polygon v3.

• Wildfire Stance: Wildfire supports this proposal because it ensures the growth of the Aave community and provides liquidity also.

Aave Proposal; [ARFC] Add CRV to Ethereum v3

• This proposal allows Aave to onboard CRV to the Ethereum v3 Liquidity Pool.

• CRV is a valuable asset for Aave and can be used to create veCRV to adopt GHO and incentivize the Safety Module.

• The risk parameters for CRV are the same as those provided by Gauntlet for other assets considered for v3 Ethereum.

• Assets are being presented individually to the community for consideration, with Snapshots determining how to proceed and approved assets grouped for on-chain voting.

• Wildfire Stance: Wildfire supports this proposal because CRV's addition will benefit tAave both now and in the long term.

Balancer Proposal; [BIP-174] Enable wUSDR-USDC Gauge with a 2% Emission Cap [Ethereum]

• Real USD (USDR) is a stablecoin backed by tokenized Real Estate.

• It yields 8-10% and was created by Tangible, a RWA tokenization protocol.

• Real USD governance is governed by locked TNGBL token holders.

• They have their own oracles for properties but are working with Chainlink to get set up for true property valuations.

• The Real Estate is managed by Tangible Custody, which collects rent and converts it to USDC.

• Real USD has not lost its peg since launch and can be a good source of long-term revenue for Balancer.

• Wildfire Stance: Real Estate usually generates a reliable return, but it still carries some level of risk. Wildfire is happy to support this proposal.

Balancer Proposal; [BIP-178] Enable bb-euler-USD Gauge [Ethereum]

• Euler is a lending protocol that allows users to borrow and lend digital assets.

• The platform offers yield-bearing sources for stablecoins such as USDC, DAI, and USDT.

• These stablecoins are backed by dollars and are issued by Circle, MakerDAO, and Tether.

• Balancer is focused on dominating the yield-bearing token space and improving capital efficiency.

• Linear and boosted pool architecture allows for better trading routes and sustainable liquidity options for providers.

• The partnership with Euler is one of many boosted pool options available to users as part of a great migration.

• Wildfire Stance: Wildfire endorses this proposal as it presents enhanced trading paths and viable pool choices, granting liquidity providers better avenues to allocate their investments.

Balancer Proposal; [BIP-204] Enable bb-ag WBTC/WETH/USD Gauge [Gnosis]

• The pool uses the WeightedPoolFactory-v3 and is composed of 2 linear pools and a boosted pool.

• The underlying tokens are WBTC, WETH, USDC, USDT, and DAI, which will be wrapped through Agave's lending market to earn LPs additional yield.

• The gauge will enter as a "core pool" under BIP-19, meaning protocol fees earned by this pool will be used to bribe for votes on it.

• Agave is a direct fork of Aave's money market, built to bring Defi to Gnosis Chain for lower fees to participate overall.

• The pool's motivation is to support major pairs on Balancer with Gnosis, position Balancer as a pillar in the ecosystem for trade aggregation, and drive liquidity depth on Gnosis Chain.

• The boosted APR yield will persist for users organically and kickstart a flywheel for incentives to drive net positive growth for Balancer and LPs on the network.

• Wildfire Stance: Wildfire is happy to support this gauge as it benefits the wider BAL community.

ENS TempCheck; ENS Token 2nd Airdrop

• This TempCheck proposes a second airdrop for the 5.4 million tokens that went back into the ENS treasury after the first airdrop

• The benefits of this token drop could reinvigorate current users and potentially reach new users who missed the first airdrop and are unable to vote on proposals.

• The date when a user would have to register the ENS domain shall be agreed upon by the DAO and the execution of the airdrop shall be performed by the ENS DAO.

• Wildfire Stance: Wildfire agrees that new users should have a chance to receive ENS tokens and be able to participate in the ENS governance.

Gitcoin Tempcheck; Should We Increase the Quorum?

• In order for a proposal to succeed, a minimum of 2.5 million GTC must participate in the vote. Any changes to quorum requirements must be ratified by the community

• Considering that this would only take a few delegates to pass a vote, on a slow week when a small number of people are paying attention to proposals a few delegates could pass malicious proposals.

• Wildfire Stance: Wildfire stands behind increasing the voting quorum to help increase participation and take the potential power out of the hands of a few.

Bankless TempCheck; Swapping BanklessDAO Multi-Signers

• This TempCheck’s purpose is to check the community sentiment on swapping out the BanklessDAO multi-sig signers.

• Multi-sig signers were elected in S1 and never changed. 5/7 multi-sig signers are currently inactive.

• Some of the proposed new guidelines for new signers such as:

  • must be a L2 contributor with at least 1 year contribution at bDAO.

  • must have held a leadership role in the DAO (i.e. coordinator, champion, GC).

  • must have experience with multi-sigs.

• Wildfire Stance: Wildfire strongly agrees with this Tempcheck becauce it would allow more active members to step into a multi-signer position and set a standard of participation.