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+# Governance Update
+
+## Executable Proposals [On-Chain]
+
+
+| 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: Proposal passed on May 5th and awaits execution
+
+
+| Name          | Category      | Link   |
+| ------------- |:-------------:| :-----:|
+| PROPOSAL #7 - PTIP-10: Incentivize Uniswap LP token Pool with POOL rewards | Treasury/Incentives | [View](https://vote.pooltogether.com/proposals/7) |
+
+Summary:\
+Add POOL distribution to Faucet for Uniswap V2 LP token pool\
+The goal of this proposal is to facilitate deeper POOL liquidity so that outside parties interested in buying POOL tokens may do so.
+
+Outcome: Proposal passed on May 5th and awaits execution
+
+## Live Votes (Snapshot)
+
+| Name          | Category      | Link   |
+| ------------- |:-------------:| :-----:|
+| [Temp Check] Treasury Diversification | Treasury | [Vote](https://snapshot.org/#/pooltogether.eth/proposal/QmPbqKhencf2dbhdydLukSsWqjEb3ZsKrjFFsYjC1FsrpW) |
+
+Summary:\
+This is a non-binding signaling vote on [PTIP-11](https://gov.pooltogether.com/t/ptip-11-treasury-diversification/963). If passed, this proposal would transfer 538,461 POOL tokens (5.38% of total supply. and 9.4% of current treasury)
+from the treasury to ParaFi, Galaxy Digital, Dragonfly Capital, and Nascent. In exchange these parties will transfer $7 million to the protocol treasury. 
+
+Closes: May 6th
+
+## Recent Votes (Snapshot)
+
+| Name          | Category      | Link   |
+| ------------- |:-------------:| :-----:|
+| Choose the Gitcoin Hackathon Winner | Marketing | [View](https://snapshot.org/#/pooltogether.eth/proposal/QmTGMKhC257zUetZz2hgCqVeeyvgV8JszXQS4XvG1Hci5L) |
+
+Summary:\
+It's time to choose the winner of the Gitcoin Grants Round 9 Hackathon!
+
+Closed: Apr 27th
+
+Outcome:\
+83% of votes were allocated to the "[Twitter Winner Bot](https://twitter.com/pooltogether_w): A twitter bot that creates a fun video of the winners" 
+
+## New Forum Posts
+
+| Name          | Category      | Link   |
+| ------------- |:-------------:| :-----:|
+| PTIP-12: RabbitHole Quest to drive new user deposits into the Polygon Pool | Marketing | [Discuss](https://gov.pooltogether.com/t/ptip-12-rabbithole-quest-to-drive-new-user-deposits-into-the-polygon-pool/999) |
+
+Summary:\
+Discussion advocates utilizing [RabbitHole](https://rabbithole.gg/) to drive new wallets to the Polygon USDT/Tether pool increasing unique deposits.
+
+
+Date Created: May 3rd\
+Last Active: May 3rd\
+
+## Ongoing Discussions
+
+| Name          | Category      | Link   |
+| ------------- |:-------------:| :-----:|
+| PTIP-9: Tether Prize Pool & Helping Small Fish | Product | [Discuss](https://gov.pooltogether.com/t/ptip-9-tether-prize-pool-helping-small-fish/936) |
+
+Summary:\
+This proposal aims to change the drip rate on UNI and COMP prize pools. Implement two new drips for Tether prize pool, one for deposits and one for sponsorship.
+It proposes incentivizing the new no loss Tether prize pool with 400 POOL per day. Spliting that incentive 80 / 20 between sponsorship and deposits.
+Reducing distribution on the UNI and COMP pools from 255 per day to 50 per day
+
+Update:
+[Calls](https://gov.pooltogether.com/t/ptip-9-tether-prize-pool-helping-small-fish/936/10) to implement this on ethereum as "the timeline for Polygon was too short to make the needed UI updates"
+
+
+Date Created: Apri 24th\
+Last Active: May 3rd
+
+
+| 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
+
+Update:\
+[Revised Proposal](https://gov.pooltogether.com/t/ptip-8-pooltogether-nft-implementation-and-marketing-campaign/920/23):
+This proposal will allocate 1,300 POOL to sponsor PoolTogether-themed NFTs with creators that would be awarded within the NFT Pool week by week, with a targeted sponsorship of 100 POOL per NFT, 
+reward 100 POOL to the contributors of proposal,
+update user interface to improve the visibility of the NFT content,
+set drip rate equivalent to [50] POOL per day to the NFT Pool.\
+The NFT Pool is planned to be launched with DAI on AAVE via Polygon as a yield source to lower gas fees and help facilitate smaller deposits.
+
+
+Date Created: Apr 19th\
+Last Active: Apr 30th