Update Update Week 8 2021, 02-22-2021.md

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#### Live Votes #### Live Votes
| Name | Category | Link | | Name | Category | Link |
| ------------- |:-------------:| :-----:| | ------------- |:-------------:| :-----:|
| GIP-6 Deploy Gnosis Auction | Development | [Vote](https://snapshot.page/#/gnosis/proposal/QmUA5aYzD7nRdPQhqMTH3GWus4Bj62SGcSfjPEb6QcDdnM) | | GIP-6 Deploy Gnosis Auction | Development | [Vote](https://app.boardroom.info/gnosis/poll/QmUA5aYzD7nRdPQhqMTH3GWus4Bj62SGcSfjPEb6QcDdnM) |
This GIP intends to answer the question: Should GnosisDAO deploy GnosisAuction? This GIP intends to answer the question: Should GnosisDAO deploy GnosisAuction?
GnosisAuction would build on the proven success with token sales that Gnosis Protocol (GP) v1 (Mesa) had. It will provide a sturdy mechanism that supports fair price finding in token sales. It will also aim to be modular enough to work in other scenarios where auctions are needed. GnosisAuction would build on the proven success with token sales that Gnosis Protocol (GP) v1 (Mesa) had. It will provide a sturdy mechanism that supports fair price finding in token sales. It will also aim to be modular enough to work in other scenarios where auctions are needed.
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#### Recent Votes #### Recent Votes
| Name | Category | Link | | Name | Category | Link |
| ------------- |:-------------:| :-----:| | ------------- |:-------------:| :-----:|
| GIP-5: Remove Gnosis Impact from the GnosisDAO Governance Process | Meta | [View](https://snapshot.page/#/gnosis/proposal/QmfEpoQtvjWMeRwfeFvothLDkFqaXCZNHU9ZFb3S3cuLRU) | | GIP-5: Remove Gnosis Impact from the GnosisDAO Governance Process | Meta | [View](https://app.boardroom.info/gnosis/poll/QmfEpoQtvjWMeRwfeFvothLDkFqaXCZNHU9ZFb3S3cuLRU) |
Gnosis Impact is currently an integral component of the Gnosis governance process. Gnosis Impact is currently an integral component of the Gnosis governance process.
The current implementation of Gnosis Impact has known flaws and poses uncalled-for obstacles to pass proposals through the governance process. The current implementation of Gnosis Impact has known flaws and poses uncalled-for obstacles to pass proposals through the governance process.
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| Name | Category | Link | | Name | Category | Link |
| ------------- |:-------------:| :-----:| | ------------- |:-------------:| :-----:|
| GIP-3: Set the quorum for "yes" votes to 4% of the circulating supply of GNO | Meta | [View](https://snapshot.page/#/gnosis/proposal/QmdjWuBnBnPUafW9jBNNsJJvaeQAVExGcFZ7zB38VtNuu4) | | GIP-3: Set the quorum for "yes" votes to 4% of the circulating supply of GNO | Meta | [View](https://app.boardroom.info/gnosis/poll/QmdjWuBnBnPUafW9jBNNsJJvaeQAVExGcFZ7zB38VtNuu4) |
Lower the quorum threshold for required YES GNO to increase the chance of acceptance of proposals. Instead of the current 10%, the threshold could be lowered to 4% of circulating supply. Lower the quorum threshold for required YES GNO to increase the chance of acceptance of proposals. Instead of the current 10%, the threshold could be lowered to 4% of circulating supply.