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boardroom-inc-protocol-Info/protocols/synthetix/resources/Gov Weekly/Update Week 18 2021 05-05-21.md
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Governance Update

Live Votes

Name Category Link
SCCP-98: Rebalance sDEFI and iDEFI Product/Development Vote

Summary:
SCCP-98 proposes to rebalance the sDEFI/iDEFI index and include:
1)Terra’s LUNA (2) Thorchain’s RUNE (3) 0x’s ZRX (4) Alpha Finance’s ALPHA (5) Alchemix’s ALCX (6) Cream’s CREAM (7) BarnBridge’s BOND

Opened: May 04
Closes: May 07

Name Category Link
Do you approve SIP-134? Gas Optimization Vote

Summary:
SIP-134 proposes adding Minimal Proxy as established in SIP-127 to Binary Option Contracts. By doing this the gas costs for creating a new market are expected to drop 5x.

Opened: May 04
Closes: May 07

New Proposals (In Development)

Name Category Link
SIP 135: L2 Shorting Product/Development View

Summary:
Deploy sUSD shorts for sETH and sBTC onto L2.