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Create Week 9 2021 03-04-21.md
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### Governance Update
#### Live Votes
#### Recent Votes
#### Discussions
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| [ARC] Deepen cooperation with Yearn | Strategy | [View](https://governance.aave.com/t/arc-deepen-cooperation-with-yearn/2831) |
Yearn team proposed to “strengthen the symbiotic relationship between Aave and Yearn”. Yearn will deposit 1,000 freshly minted YFI on Aave and the protocol will offer few modifications in exchange; (1) disable borrowing YFI, (2) settle a fixed interest facility of 3% for Yearn Treasury borrow, with a loan-to-value of 65% (3) add a CTA redirecting to Yearn on Aave.
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| [ARC] Discussion AAVE Layer 2 Solutions | Development | [View](https://governance.aave.com/t/discussion-aave-layer-2-solutions/2809) |
High gas fees make Aave inaccessible for most users. The proposal is a discussion to start thinking collectively about a possible L2 or other scalable solution.
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| [ARC] Opening Aave on the BSC | Development | [View] (https://governance.aave.com/t/opening-aave-on-the-bsc/2583) |
Binance Chain is the third most used blockchain which gather many new adopters, implementing Aave on the BSC will onboard many incoming users. Community seems strongly opposed to a moove to the BSC.