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	Create Gov WeeklyUpdate Week 7 02-23-21.
Wip - will add new gov proposals if there are some on the forum until wenesday. Had fun doing this. Structure is pretty clear - I am not sure for the category of each proposal, this will come with habits.
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| ### Governance Update | ||||
| 
 | ||||
| #### Live Votes | ||||
| 
 | ||||
| #### Recent Votes | ||||
| 
 | ||||
| | Name          | Category      | Link   | | ||||
| | ------------- |:-------------:| :-----:| | ||||
| | AIP 10: AAdding xSushi on AAVE | Parameter Change | [Vote](https://app.aave.com/governance/5-QmYFSYTNqafvDsU1fUvCeAqJk1AuePJ2qvpE3XanJo6ZH6) | | ||||
| 
 | ||||
| Quorum attained with 100% of votes for YAE. xSushi can now be used as collateral with the following parameters : LTV 25%, Liquidation Threshold 45%, Liquidation Threshold 45%, Reserve Factor 35% | ||||
| Aave is the first platform to support xSushi, a yield bearing asset with over of 100m$ currently under utilized. | ||||
| 
 | ||||
| 
 | ||||
| | Name          | Category      | Link   | | ||||
| | ------------- |:-------------:| :-----:| | ||||
| | AIP 09 : Activation of the Aave Balancer Pool Liquidity Staking | Parameter Change | [Vote](https://app.aave.com/governance/4-QmS8SNqXhvHHUuXBhch2iUkRDpRnM2ds9iqeSdgxjSVSmU) | | ||||
| 
 | ||||
| The AAVE safety module protects the funds deposited on AAVE. Community voted to start the Safety Incentives (SI) for the Aave Balancer Pool Token 80/20 (ABPT).  | ||||
| The initial rewards for stakers is of 550 AAVE/day. | ||||
| 
 | ||||
| #### Discussions | ||||
| 
 | ||||
| | Name          | Category      | Link   | | ||||
| | ------------- |:-------------:| :-----:| | ||||
| | [ARC][POLL] Use aAAVE to participate to governance | Strategy | [View](https://governance.aave.com/t/use-aaave-to-participate-to-governance/2411) | | ||||
| Allow users to vote with AAVE, stkAAVE and aAAVE. 11,8% of AAVE in total circulation are aAAVE and only 4,69% of circulating supply has been used to vote during AIP 07 (a record).  | ||||
| Most of users use their AAVE as a collateral and they are at the moment excluded from the voting process. | ||||
| 
 | ||||
| 
 | ||||
| | Name          | Category      | Link   | | ||||
| | ------------- |:-------------:| :-----:| | ||||
| | Introduce Liquidity Incentives for Aave v2 | Treasury | [View](https://governance.aave.com/t/proposal-introduce-liquidity-incentives-for-aave-v2/2340/25) | | ||||
| Design liquidity mining (LM) program optimized for the long term growth of Aave. ParaFi proposes a distribution of 550 Staked AAVE per day, split 50-50 between lenders and borrowers of the most popular markets. | ||||
| Generally, the community is strongly opposed to this proposition. LM seems useless and totally inefficient at this point.  | ||||
| 
 | ||||
| | Name          | Category      | Link   | | ||||
| | ------------- |:-------------:| :-----:| | ||||
| | [ARC][POLL] Create AAVE governance badges | Product | [View](https://governance.aave.com/t/arc-poll-create-aave-governance-badges/2404) | | ||||
| Interactions on the forum feel impersonal and contributors are not rewarded for their investment. Introduceing “Badges” into the forum would gamify the governance experience. | ||||
| Similar to a proof of attendance, badges are testimonials of different achievements user has done into the Aave ecosystem. | ||||
| 
 | ||||
| 
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