From 7f7132d74d09ad662237546da0c6f7a51d593653 Mon Sep 17 00:00:00 2001 From: nickmartitsch Date: Thu, 29 Apr 2021 15:00:08 -0600 Subject: [PATCH] Create Week 17 2021 30-04-21.md --- .../Gov Weekly/Week 17 2021 30-04-21.md | 25 +++++++++++++++++++ 1 file changed, 25 insertions(+) create mode 100644 protocols/compound/resources/Gov Weekly/Week 17 2021 30-04-21.md diff --git a/protocols/compound/resources/Gov Weekly/Week 17 2021 30-04-21.md b/protocols/compound/resources/Gov Weekly/Week 17 2021 30-04-21.md new file mode 100644 index 0000000..fcf73bb --- /dev/null +++ b/protocols/compound/resources/Gov Weekly/Week 17 2021 30-04-21.md @@ -0,0 +1,25 @@ +### Governance Update + +#### Live Votes + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Proposal 44: Legacy market maintenance: WBTC and REP | Development | [Vote](https://compound.finance/governance/proposals/44) | + +Proposal 44 continues the process of migrating WBTC to a modern upgradable cToken contract by setting the reserve factor of the legacy WBTC market to 100%, effectively removing the supply interest rate. This propsal also completes the deprecation of REP, by lowering its collateral factor to 0%. + +#### Recent Votes + +#### Discussions + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Supporting the Compound Ecosystem | Treasury | [View](https://www.comp.xyz/t/supporting-the-compound-ecosystem/1638) | + +Leighton Cusack proposes that Compound governance loans $10M of USDC to a PoolTogether prize pool. The funds would be deposited into PoolTogether savings pools that contributes interest to the savings prizes but is not eligible to win. + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| stETH Listing Proposal | Development | [View](https://www.comp.xyz/t/steth-listing-proposal/1306/3) | + +The community discusses adding stETH as a supported market on Compound. stETH represents ETH that has been pooled and staked onto Ethereum 2.0's beacon chain with node operators selected by the Lido DAO.