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Merge pull request #42 from AngelDeBenji/AngelDeBenji-Synthetix-Update-W8
Synthetix update w8 - Angel de benji
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pooltogether/Gov Weekly/Update Week 8 2021 02-24-21.md
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pooltogether/Gov Weekly/Update Week 8 2021 02-24-21.md
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### Governance Update
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#### Discussions
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| Will Pool go to Binance Smart Chain | Strategy/Other | [Discuss](https://gov.pooltogether.com/t/will-pool-go-to-binance-smart-chain/272) |
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Proposes getting synthetic POOL to go Binance Smart Chain in order to grow the user base with low fees
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| Give POOL token more utility | Marketing | [Discuss](https://gov.pooltogether.com/t/give-pool-token-more-utility/174) |
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Aims to increase value of POOL by giving token more utility
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People could enter the same amount of POOL as they do DAI into the lottery. Giving them more chances to win the DAI interest. This would incentivize people to Buy/Hodl POOL and increase it’s price over time.
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| 2% of rewards for charity | Treasury | [Discuss](https://gov.pooltogether.com/t/2-of-rewards-for-charity/385) |
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Discussion proposes to give at least 2% of the winning pool each week to an effective charity that will be voted for by the users
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| Create a pool for POOL | Product | [Discuss](https://gov.pooltogether.com/t/create-a-pool-for-pool/170) |
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Initial discussion on interest and requirements to create a pool for POOL
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| POOL token Airdrop for POD users who should have qualified | Treasury | [Discuss](https://gov.pooltogether.com/t/pool-token-airdrop-for-pod-users-who-should-have-qualified/269) |
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17 USDC Pod users and 270 Dai Pod users were unintentionally excluded from POOL token Airdrop for POD users.
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This calls for a proposal so that Users who were POD participants on Pooltogether and also fit the requirements of the Airdrop be airdropped the POOL token.
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| Prevent winning all prizes in a pool | Product | [Discuss](https://gov.pooltogether.com/t/prevent-winning-all-prizes-in-a-pool/184) |
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Proposes for the winner of a pool to be removed from the eligible drawings if they have already won in that drawing;
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that is, if a player wins 1st place, they cannot win 2nd or 3rd.
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| [PROPOSAL] Use RabbitHole to acquire new users for PoolTogether | Treasury/Marketing | [Discuss](https://gov.pooltogether.com/t/proposal-use-rabbithole-to-acquire-new-users-for-pooltogether/202) |
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Proposes that RabbitHole run a PoolTogether campaign on RabbitHole to drive new user deposits and on-chain referrals to the protocol.
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synthetix/Gov Weekly/Update Week 8 2021, 02-24-2021.md
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synthetix/Gov Weekly/Update Week 8 2021, 02-24-2021.md
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### Governance Update
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#### Recent Votes [Spartan Council]
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| SCCP-86: Initialize New Merging Window | Product | [View](https://gov.synthetix.io/#/synthetixproposal/proposal/QmURjYjVtSDc9urbuRTTgmKU21ZqanuKg2HFyLwKLJjHyZ) |
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Given sDAO’s intention to migrate to a new account, this SCCP proposes to open up the account merging window for a 2-week period.
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This proposal passed on Feb 15th.
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| SCCP-85: Increase loans and shorting CAP to 30m | Product | [View](https://gov.synthetix.io/#/synthetixproposal/proposal/QmRse6mLMepuME5WitK9d851tteQTmFegU1omqHLX19fqh) |
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Shorting cap of 20m is maxed out. After the first week of using the promoted shorting mechanism, we are confident the cap can be safely increased to 30m to allow more users to borrow or short available assets.
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This proposal passed on Feb 15th.
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#### Pending Proposals
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| SIP 112: ETH Wrappr | Product | [View](https://sips.synthetix.io/sips/sip-112) |
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Proposes to deploy a new contract that accepts deposits in ETH and in return mints sETH in the user’s wallet.
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After successful ETH deposit, users’ ownership over ETH is transferred to Synthetix protocol. Wrappr is a conditionally bidirectional contract, meaning that if it holds ETH in its reserve, it will accept deposits in sETH and releases ETH. ETH can be unwrapped at any point by anyone after the corresponding amount of sETH is sent back and effectively burned.
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| SIP 113: Reenable sKRW | Product | [View](https://sips.synthetix.io/sips/sip-113) |
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Proposed SIP to reenable the previously deprecated sKRW Synth that tracks the price of the Korean Won.
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