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+# Governance Update
+
+## Live Proposals [On-Chain]
+
+| Name          | Category      | Link   |
+| ------------- |:-------------:| :-----:|
+| PROPOSAL #11 | Treasury | [Discuss](https://vote.pooltogether.com/proposals/11) |
+
+Summary:\
+This proposal ([PTIP-13](https://gov.pooltogether.com/t/ptip-13-revised-treasury-diversification/1049)) would diversify 7.2% of the POOL treasury into $5.95 million USDC via a direct POOL acquisition by strategic investors.
+
+Outcome: Recently Passed
+
+
+## Recent Proposals [On-Chain]
+
+| Name          | Category      | Link   |
+| ------------- |:-------------:| :-----:|
+| PTIP-8: PoolTogether NFT implementation and marketing campaign | Product/Development | [Discuss](https://gov.pooltogether.com/t/ptip-8-pooltogether-nft-implementation-and-marketing-campaign/920) |
+
+Summary:\
+This proposal will allocate 1,500 POOL from treasury to fund the development of user interface changes to improve the visibility of the content in the DAI Pool loot box,
+Sponsor PoolTogether-themed NFTs sent to the DAI Pool loot box week by week, reward 100 POOL each to the two contributors of this governance proposal
+
+Outcome: Recently Passed
+
+
+| Name          | Category      | Link   |
+| ------------- |:-------------:| :-----:|
+| PROPOSAL #9 | Marketing | [View](https://vote.pooltogether.com/proposals/9) |
+
+Summary:\
+Proposal to utilize [RabbitHole](https://rabbithole.gg/) to drive new wallets to the Polygon USDT/Tether pool increasing unique deposits.
+
+Outcome: Passed and Queued for Exection
+
+| Name          | Category      | Link   |
+| ------------- |:-------------:| :-----:|
+| PROPOSAL #8 - PTIP-7: Retro-Airdrop for Missed Users | Treasury/Marketing | [View](https://vote.pooltogether.com/proposals/8) |
+
+Summary:\
+The initial POOL airdrop missed some users, this will distribute 30 POOL to each of those that were missed with a streamlined claim UI.
+
+Outcome: Passed and Exectued
+
+## Ongoing Discussions
+
+| Name          | Category      | Link   |
+| ------------- |:-------------:| :-----:|
+| “The Fish Tank” / Fair win chances for little balances | Product | [Discuss](https://gov.pooltogether.com/t/the-fish-tank-fair-win-chances-for-little-balances/627) |
+
+Summary:\
+This post addresses concern with whales winning most prizes.
+It proposes a feature called "The Fish Tank", whereby a percentage of the interest is put aside to fill another prize pool, which is not correlated to the number of tickets, but only to the addresses who enter.
+
+Update: \
+[Pushback](https://gov.pooltogether.com/t/the-fish-tank-fair-win-chances-for-little-balances/627/6) given that the "PoolPower Pods" coming soon may well address this problem.
+
+Update 2: \
+Discussion [linked](https://gov.pooltogether.com/t/the-fish-tank-fair-win-chances-for-little-balances/627/17) to another [proposal](https://gov.pooltogether.com/t/pooltogether-jackpots/229) suggesting that instead of redistributing that % cut every week, it could accumulate to a really massive prize that is 1) really lifechanging and 2) attracts media attention
+
+Date Created: March 7th\
+Last Active: May 8th