boardroom-inc-protocol-Info/__unsupported/pooltogether/Gov Weekly/Update Week 18 2021 06-05-21.md

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2021-05-06 19:57:05 +00:00
# Governance Update
## Executable Proposals [On-Chain]
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| PROPOSAL #8 - PTIP-7: Retro-Airdrop for Missed Users | Treasury/Marketing | [View](https://vote.pooltogether.com/proposals/8) |
Summary:\
The initial POOL airdrop missed some users, this will distribute 30 POOL to each of those that were missed with a streamlined claim UI.
Outcome: Proposal passed on May 5th and awaits execution
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| PROPOSAL #7 - PTIP-10: Incentivize Uniswap LP token Pool with POOL rewards | Treasury/Incentives | [View](https://vote.pooltogether.com/proposals/7) |
Summary:\
Add POOL distribution to Faucet for Uniswap V2 LP token pool\
The goal of this proposal is to facilitate deeper POOL liquidity so that outside parties interested in buying POOL tokens may do so.
Outcome: Proposal passed on May 5th and awaits execution
## Live Votes (Snapshot)
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| [Temp Check] Treasury Diversification | Treasury | [Vote](https://snapshot.org/#/pooltogether.eth/proposal/QmPbqKhencf2dbhdydLukSsWqjEb3ZsKrjFFsYjC1FsrpW) |
Summary:\
This is a non-binding signaling vote on [PTIP-11](https://gov.pooltogether.com/t/ptip-11-treasury-diversification/963). If passed, this proposal would transfer 538,461 POOL tokens (5.38% of total supply. and 9.4% of current treasury)
from the treasury to ParaFi, Galaxy Digital, Dragonfly Capital, and Nascent. In exchange these parties will transfer $7 million to the protocol treasury.
Closes: May 6th
## Recent Votes (Snapshot)
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| Choose the Gitcoin Hackathon Winner | Marketing | [View](https://snapshot.org/#/pooltogether.eth/proposal/QmTGMKhC257zUetZz2hgCqVeeyvgV8JszXQS4XvG1Hci5L) |
Summary:\
It's time to choose the winner of the Gitcoin Grants Round 9 Hackathon!
Closed: Apr 27th
Outcome:\
83% of votes were allocated to the "[Twitter Winner Bot](https://twitter.com/pooltogether_w): A twitter bot that creates a fun video of the winners"
## New Forum Posts
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| PTIP-12: RabbitHole Quest to drive new user deposits into the Polygon Pool | Marketing | [Discuss](https://gov.pooltogether.com/t/ptip-12-rabbithole-quest-to-drive-new-user-deposits-into-the-polygon-pool/999) |
Summary:\
Discussion advocates utilizing [RabbitHole](https://rabbithole.gg/) to drive new wallets to the Polygon USDT/Tether pool increasing unique deposits.
Date Created: May 3rd\
Last Active: May 3rd\
## Ongoing Discussions
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| PTIP-9: Tether Prize Pool & Helping Small Fish | Product | [Discuss](https://gov.pooltogether.com/t/ptip-9-tether-prize-pool-helping-small-fish/936) |
Summary:\
This proposal aims to change the drip rate on UNI and COMP prize pools. Implement two new drips for Tether prize pool, one for deposits and one for sponsorship.
It proposes incentivizing the new no loss Tether prize pool with 400 POOL per day. Spliting that incentive 80 / 20 between sponsorship and deposits.
Reducing distribution on the UNI and COMP pools from 255 per day to 50 per day
Update:
[Calls](https://gov.pooltogether.com/t/ptip-9-tether-prize-pool-helping-small-fish/936/10) to implement this on ethereum as "the timeline for Polygon was too short to make the needed UI updates"
Date Created: Apri 24th\
Last Active: May 3rd
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| PTIP-8: PoolTogether NFT implementation and marketing campaign | Product/Development | [Discuss](https://gov.pooltogether.com/t/ptip-8-pooltogether-nft-implementation-and-marketing-campaign/920) |
Summary:\
This proposal will allocate 1,500 POOL from treasury to fund the development of user interface changes to improve the visibility of the content in the DAI Pool loot box,
Sponsor PoolTogether-themed NFTs sent to the DAI Pool loot box week by week, reward 100 POOL each to the two contributors of this governance proposal
Update:\
[Revised Proposal](https://gov.pooltogether.com/t/ptip-8-pooltogether-nft-implementation-and-marketing-campaign/920/23):
This proposal will allocate 1,300 POOL to sponsor PoolTogether-themed NFTs with creators that would be awarded within the NFT Pool week by week, with a targeted sponsorship of 100 POOL per NFT,
reward 100 POOL to the contributors of proposal,
update user interface to improve the visibility of the NFT content,
set drip rate equivalent to [50] POOL per day to the NFT Pool.\
The NFT Pool is planned to be launched with DAI on AAVE via Polygon as a yield source to lower gas fees and help facilitate smaller deposits.
Date Created: Apr 19th\
Last Active: Apr 30th