Enable BLB/WETH (1% fee tier) V3 Gauge on Ethereum

Gauges
1

Overview

Proposal to enable BLB/WETH 1% fee tier V3 gauge on Ethereum.

Background:

BLB is Blueberry DAO’s governance token. Blueberry is a leveraged farming protocol allowing users up to 25x leverage on select DeFi strategies. We intend to incentivize this pool as it’s our primary DEX liquidity venue.

Details:

  1. Boost Multiplier and Emission Cap % : 1.00x Boost Multiplier and 0.5% Emission Cap

  2. Audits: GitHub - Blueberryfi/audits Audits | Blueberry Product Docs

  3. Token Utility:
    a. Staking: Users can stake their BLB tokens for bdBLB
    b. Future Governance voting: Users that hold BLB will be able to vote in governance proposals
    c. Future Gauge voting: Users will be able to vote on the direction of emissions in the protocol to specific interactions.

  4. Oracles: In the protocol we utilize Chainlink price feeds for all assets.

  5. Control: 3/5

  6. Merit: We will be bribing this market for incentives on this pool. All of our dex liquidity is on Pancakeswap so all trading activity occurs here.

  7. Vault Strategy: Bril with Yield IQ Overview | Docs V.1

Links:

  1. Token address - BlueberryToken | Address 0x904f36d74bED2Ef2729Eaa1c7A5B70dEA2966a02 | Etherscan
  2. Liquidity pool address - PancakeV3Pool | Address 0x6FD5029Ba47BA8dBee130DA71e2546b5c96b4B12 | Etherscan
  3. Position manager vault address - 0x0414055f84Cb5510C3ADaff7a9f98E401159E0Ab
  4. Website - https://blueberry.garden
  5. Socials - https://x.com/blueberryFDN Blueberry Protocol
  6. Documentation - https://docs.blueberry.garden/

Github - Blueberry Finance · GitHub

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Thank you for your application! The Kitchen has enabled the BLB/WETH (1% fee tier) V3 gauge on Ethereum with 1x boost multiplier and 0.5% emissions cap.