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Create Synthetix Update Week 19 2021 14-05-21.md
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# Governance Update
## Live Votes
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| SCCP-102: Increase Cap on Wrappr from 5k ETH to 15k ETH | Product/Parameters | [Vote](https://app.boardroom.info/snxgov.eth/proposal/QmNX9YH7xVekr2S17Pp48ix73D5bNeZj9yBb1N43PugS34) |
Summary:
SCCP-102 proposes to increase the cap on the wrappr contract to 15k ETH from 5kETH.
Opened: May 14\
Closes: May 17
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| SCCP-101: Decrease Cap on sUSD and sETH loans | Parameters | [Vote](https://app.boardroom.info/snxgov.eth/proposal/QmasgPCB68JUZF5MifvZJt7U1jB7qibFbtg8iYSqQkxtZS) |
Summary:
SCCP-101 proposes to lower the cap on the old sETH and sUSD loan contracts to 1 sETH and 1 sUSD.
Opened: May 12\
Closes: May 15
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| SCCP-100: Initial Parameters of ETH Wrappr
| Parameters | [Vote](https://app.boardroom.info/snxgov.eth/proposal/Qmc5TDKqgSMMKezWoiquJbuMAk7ky4rPPYfMjtbtgK8BLb) |
Summary:
SCCP-100 lays out the initial parameters for the wrappr contract.
Opened: May 12\
Closes: May 15
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| SCCP-99: Increase loans and shorts cap to sUSD 110 million from sUSD 90 million | Product/Parameters | [Vote](https://app.boardroom.info/snxgov.eth/proposal/Qmb3WQGKZ54N3vwu5qcd5Z51mtbaMsuJotbSJw97AxuMM7) |
Summary:
SCCP-99 proposes to increase the cap on loans and shorts to sUSD 110 million.
Opened: May 12\
Closes: May 15
## Spartan Council - Recent Votes
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| SIP-136: Debt Cache Adjustment | Development | [View](https://app.boardroom.info/snxgov.eth/proposal/QmPECSzr9bN7BKDkz9HPJRUQqJ57ZCjTApQtWf8zR5fMdo) |
Summary:\
SCCP-136 proposes to adjust the debt cache so it takes into account the negative debt from shorts, loans and the wrapper.
Outcome: Approved and Implemented
Opened: May 10\
Closed: May 13