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Update and rename Update Week 8 2021, 02-24-2021.md to Update Week 8 2021, 02-25-2021.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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| SCCP-86: Initialize New Merging Window | Product | [View](https://app.boardroom.info/synthetixproposal/poll/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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@ -12,7 +10,7 @@ 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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| SCCP-85: Increase loans and shorting CAP to 30m | Product | [View](https://app.boardroom.info/synthetixproposal/poll/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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