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Merge pull request #5 from AngelDeBenji/AngelDeBenji-Gnosis-GovUpdate-W8
Create Gov Update Gnosis W8
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gnosis/Gov Weekly/Update Week 8 2021, 02-22-2021.md
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gnosis/Gov Weekly/Update Week 8 2021, 02-22-2021.md
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### Governance Update
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#### Live Votes
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| GIP-6 Deploy Gnosis Auction | Development | [Vote](https://snapshot.page/#/gnosis/proposal/QmUA5aYzD7nRdPQhqMTH3GWus4Bj62SGcSfjPEb6QcDdnM) |
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This GIP intends to answer the question: Should GnosisDAO deploy GnosisAuction?
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GnosisAuction would build on the proven success with token sales that Gnosis Protocol (GP) v1 (Mesa) had. It will provide a sturdy mechanism that supports fair price finding in token sales. It will also aim to be modular enough to work in other scenarios where auctions are needed.
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#### Recent Votes
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| GIP-5: Remove Gnosis Impact from the GnosisDAO Governance Process | Meta | [View](https://snapshot.page/#/gnosis/proposal/QmfEpoQtvjWMeRwfeFvothLDkFqaXCZNHU9ZFb3S3cuLRU) |
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Gnosis Impact is currently an integral component of the Gnosis governance process.
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The current implementation of Gnosis Impact has known flaws and poses uncalled-for obstacles to pass proposals through the governance process.
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This proposal aims to exclude the obligatory utilization of Gnosis Impact as part of the GnosisDAO’s governance process phase 3 until a proposal passes amending its shortcomings.
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This proposal passed on Feb 19th.
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| GIP-3: Set the quorum for "yes" votes to 4% of the circulating supply of GNO | Meta | [View](https://snapshot.page/#/gnosis/proposal/QmdjWuBnBnPUafW9jBNNsJJvaeQAVExGcFZ7zB38VtNuu4) |
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Lower the quorum threshold for required YES GNO to increase the chance of acceptance of proposals. Instead of the current 10%, the threshold could be lowered to 4% of circulating supply.
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This proposal passed on February 22nd.
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#### Discussions
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| GIP-4: Should GnosisDAO pay additional GNO rewards for GNO<>ETH LP on Sushiswap? | Marketing | [Discuss](https://forum.gnosis.io/t/gip-4-should-gnosisdao-pay-additional-gno-rewards-for-gno-eth-lp-on-sushiswap/1013) |
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The objective of this proposal is to kick off a crossDAO collaboration attempting to increase number of stakeholders for both communities (Sushi and GnosisDAO). The proposal seeks a liquidity incentivisation campaign with the following goals:
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- Creating stakeholders for both communities
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- Foment cross-DAO collaborations in the future
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- Increase GNO liquidity
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| Should GnosisDAO establish OWL as a stable coin? | Product | [Discuss](https://forum.gnosis.io/t/should-gnosisdao-establish-owl-as-a-stable-coin/1088) |
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This proposal suggests to morph OWL into an asset backed stable coin - similar to DAI.
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Compared to DAI there would be key differences:
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1) Holding OWL should accrue interest. (similar to DSR - but in contrast to DAI all OWL should benefit from this interest) OWL == CHAI
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2) Minting of OWL is (at least in the beginning) primarily done by GnosisDAO
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3) All assets controlled by GnosisDAO are essentially collateral for OWL
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4) In contrast to Maker - GnosisDAO could freely use the assets to do e.g. yield farming
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