The veBAL holders have spoken and after a successful governance vote, Protofire has been awarded a grant to build our Balancer ve8020 launchpad. This factory / launchpad aims to further incentivize protocols adopting the ve8020 model pioneered by Balancer by minimizing the barrier to entry for future teams. The idea being in its simplest form:
A step by step guide with a set of template contracts and or frontend code for projects to launch a veToken using an 80/20 balancer pool, or weight of their choice. This would make the smart contract steps for deploying the vote escrow system in Vyper coupled with the locking of a Balancer pool token streamlined for projects to utilize in an open way.
Protofire has furthered this concept with a number of additional features including: (for more details see their application)
The team will work alongside Balancer and the Balancer Grants SP to successfully deliver this next installment in promoting the 8020 initiative and its vote-escrow model. With the adoption of multiple notable protocols such as Radiant, Aave, Alchemix, Paraswap, and Timeless Finance, this initiative is making it easier than ever to join efficient and streamlined protocol governance technology.
The launchpad is live @ https://docs.balancer.fi/tools/core/admin-ve8020.html