From 80252b9d71ab0b9fddd27690d2f1a1979d6d662c Mon Sep 17 00:00:00 2001
From: AngelDeBenji <79114195+AngelDeBenji@users.noreply.github.com>
Date: Fri, 5 Mar 2021 21:50:20 +0100
Subject: [PATCH] Create Update Week 9 2021, 03-05-2021.md

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+### Governance Update
+
+#### Recent Votes
+| Name          | Category      | Link   |
+| ------------- |:-------------:| :-----:|
+| GIP-4: Should GnosisDAO pay additional GNO rewards for GNO<>ETH LP on Sushiswap? | Strategy | [view](https://app.boardroom.info/gnosis.eth/poll/QmdbLM9oRMZcKeK7AXR2xkLvSwV6mvCy9y5xP5BDYKEcEW) |
+
+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:
+1) Creating stakeholders for both communities
+2) Foment cross-DAO collaborations in the future
+3) Increase GNO liquidity
+
+Update: This vote ended on Mar 4th. It failed to pass as the 4% Yes GNO quorom was not reached
+
+#### New Topics
+| Name          | Category      | Link   |
+| ------------- |:-------------:| :-----:|
+| Should GnosisDAO launch a Liquidity Mining program for prediction markets using Gnosis Conditional Tokens? | Marketing | [Discuss](https://forum.gnosis.io/t/should-gnosisdao-launch-a-liquidity-mining-program-for-prediction-markets-using-gnosis-conditional-tokens/1109) |
+
+Proposal for GnosisDAO to launch a Liquidity Mining program for prediction markets using Gnosis Conditional Tokens that would reward liquidity providers with GNO to incentivize a curated set of markets and thus boost the use of Gnosis Conditional Tokens.
+
+#### Ongoing Discussions
+
+| Name          | Category      | Link   |
+| ------------- |:-------------:| :-----:|
+| Should GnosisDAO establish OWL as a stable coin? | Product | [Discuss](https://forum.gnosis.io/t/should-gnosisdao-establish-owl-as-a-stable-coin/1088) |
+
+This proposal suggests to morph OWL into an asset backed stable coin - similar to DAI.  
+Compared to DAI there would be key differences:
+1) Holding OWL should accrue interest. (similar to DSR - but in contrast to DAI all OWL should benefit from this interest) OWL == CHAI  
+2) Minting of OWL is (at least in the beginning) primarily done by GnosisDAO  
+3) All assets controlled by GnosisDAO are essentially collateral for OWL  
+4) In contrast to Maker - GnosisDAO could freely use the assets to do e.g. yield farming
+
+Update: Latest [post](https://forum.gnosis.io/t/should-gnosisdao-establish-owl-as-a-stable-coin/1088/12) urges against this proposal and in favor of deprecating OWL while making it redeemable for GNO from the DAO treasury. Less products = more clarity for the community and for investors.
+
+| Name          | Category      | Link   |
+| ------------- |:-------------:| :-----:|
+| Should GnosisDAO allow to use GNO locked in balancer pools for voting in snapshot proposals? | Meta | [Discuss](https://forum.gnosis.io/t/should-gnosisdao-allow-to-use-gno-locked-in-balancer-pools-for-voting-in-snapshot-proposals/902) |
+
+Proposal to allow GNO locked up in Balancer to be used for voting on snapshot proposals.