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Create PoolTogether Update Week 23 2021 11-06-21

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# Governance Update
## Recent Votes
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| (Proposal #15) PTIP 16: C4 Audit + PTIP 17: Sponsorship | Treasury | [Vote](https://vote.pooltogether.com/proposals/15) |
Summary:\
[PTIP 16](https://gov.pooltogether.com/t/ptip-16-c4-audit-contest/1137) will fund a Code Arena (C4) contest to audit the critical components of the PoolTogether codebase as well as new yield sources.
[PTIP 17](https://gov.pooltogether.com/t/ptip-17-deposit-usdc-into-usdc-prize-pool-sponsorship/1146) will deposit the $4.8 million of USDC currently sitting in the timelock 7 contract into the sponsorship of the USDC prize pool.
Outcome: Passed and Executed
Closed: June 8
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| PROPOSAL #16 - PTIP-19 Drip 50 POOL/day to LINK Pool | Treasury/Incentives | [View](https://vote.pooltogether.com/proposals/16) |
Summary:\
Drip 50 POOL/day to LINK Pool
Outcome: Defeated
Closed: June 08
## New Discussion Posts
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| PTIP-20 DinoSwap Launch Partner “Extinction Pool” Farm | Treasury | [Discuss](https://gov.pooltogether.com/t/ptip-20-dinoswap-launch-partner-extinction-pool-farm/1206) |
Summary:\
DinoSwap.Exchange, a multichain “PancakeSwap” platform featuring tier-1 projects, is requesting 200k USD worth of POOL tokens in exchange for $2M USD worth of DINO Tokens to be emitted from the “Extinction Pool”.
Update:\
Initial polling shows little support for this motion
Date Created: June 07\
Last Active: June 09
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| Evaluating POOL Distribution Changes | Treasury/Strategy | [Discuss](https://gov.pooltogether.com/t/evaluating-pool-distribution-changes/1222) |
Summary:\
Discussion evaluating impact of POOL distribution rates.
Suggestion to focus POOL distribution on “sponsorship” and not on “deposits” in order to get larger prizes to relatively smaller depositors.
Date Created: June 11\
Last Active: June 11
## Ongoing Discussions
| Name | Category | Link |
| ------------- |:-------------:| :-----:|
| Pod of War: Defeating Yearn | Strategy | [Discuss](https://gov.pooltogether.com/t/pod-of-war-defeating-yearn/1149) |
Summary:\
Discussion focused on defeat Yearn by growing Pods until they eclipse the Yearn Strategy.
Date Created: May 28\
Last Active: June 10