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### 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.