From d832c4db1246b98835df84fcdeaeefc9bc445968 Mon Sep 17 00:00:00 2001 From: AngelDeBenji <79114195+AngelDeBenji@users.noreply.github.com> Date: Thu, 1 Apr 2021 21:37:52 +0200 Subject: [PATCH] Create Update Week 13 2021 01-04-21.md --- .../Update Week 13 2021 01-04-21.md | 59 +++++++++++++++++++ 1 file changed, 59 insertions(+) create mode 100644 pooltogether/Gov Weekly/Update Week 13 2021 01-04-21.md diff --git a/pooltogether/Gov Weekly/Update Week 13 2021 01-04-21.md b/pooltogether/Gov Weekly/Update Week 13 2021 01-04-21.md new file mode 100644 index 0000000..13e617b --- /dev/null +++ b/pooltogether/Gov Weekly/Update Week 13 2021 01-04-21.md @@ -0,0 +1,59 @@ +# Governance Update + +## Recent Votes (On-chain) + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Proposal #4 - PTIP6: This proposal is a repeat of PTIP-3, as PTIP-3 failed to execute | Marketing/Product | [Vote](https://vote.pooltogether.com/proposals/4) | + +Summary:\ +This [proposal](https://gov.pooltogether.com/t/ptip-6-retry-attempt-at-ptip-3/773?u=brendan) is a repeat of [PTIP-3](https://gov.pooltogether.com/t/ptip-3-add-pool-to-pool-prize-pool/745), as PTIP-3 failed to execute.\ + +The proposal will (1) Use POOL from the treasury to create a Sablier stream to stream prizes to the pool, streaming 200 POOL per week to the POOL Pool. +(2) Use POOL from the treasury to fill a token faucet that drips POOL to the POOL pool ticket holders at 100 POOL per day. + +Closed: Mar 27th +Outcome: Approved and Executed + +## Ongoing Discussions + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| “The Fish Tank” / Fair win chances for little balances | Product | [Discuss](https://gov.pooltogether.com/t/the-fish-tank-fair-win-chances-for-little-balances/627) | + +Summary:\ +This post addresses concern with whales winning most prizes. +It proposes a feature called "The Fish Tank", whereby a percentage of the interest is put aside to fill another prize pool, which is not correlated to the number of tickets, but only to the addresses who enter. + +Update: +[Pushback](https://gov.pooltogether.com/t/the-fish-tank-fair-win-chances-for-little-balances/627/6) given that the "PoolPower Pods" coming soon may well address this problem. + +Date Created: March 7th\ +Last Active: April 1st + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Incentivize the POOL/ETH LPs | Incentives | [Discuss](https://gov.pooltogether.com/t/incentivize-the-pool-eth-lps/772) | + +Summary:\ +This post proposes creatinga pool for LPs which will give an incentive for more people to stake – there are currently only 147 people doing LPing. + +Update: +[Questions](https://gov.pooltogether.com/t/incentivize-the-pool-eth-lps/772/12) regarding why incentivized LP be more attractive than joining the POOL pool + +Date Created: March 20th\ +Last Active: April 1st + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Use Yearn vaults to generate a higher payout | Incentives/Product | [Discuss](https://gov.pooltogether.com/t/use-yearn-vaults-to-generate-a-higher-payout/639) | + +Summary:\ +Suggestion to combine combine the [Fish Tank Idea](https://gov.pooltogether.com/t/the-fish-tank-fair-win-chances-for-little-balances/627/6) with the Yearn Vaults to increase the payout amounts. The larger return on the pooled assets would offset any noticed losses on payouts due to the increased overall size of the payout + +Update: +Work has begun on adding Yield Sources. + +Date Created: March 8th\ +Last Active: April 1st +