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40 lines
2.5 KiB
Markdown
40 lines
2.5 KiB
Markdown
### Governance Update
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#### Live Votes
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| ZRX, BAT, and WBTC Parameter Update | Parameter Change | [Vote](https://compound.finance/governance/proposals/39) |
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Proposal 39 from Gauntlet would increase the collateral factors of BAT and ZRX from 60% to 65% and decrease the collateral factor of WBTC from 75% to 65%. If the proposal passes, borrowers with WBTC as collateral should check that the lower collateral factor does not put their position in danger of being liquidated.
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#### Recent Votes
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#### Discussions
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| Compound Grants Program | Treasury | [View](https://www.comp.xyz/t/compound-grants-program/1292) |
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Larry Sukernik proposes a grants committee that uses the protocol's COMP reserves to fund development, security audits, community events, and integrations, among other items. The pilot program would seek a maximum of $1mm per quarter and a maximum length of two quarters.
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| Compound Gateway Testnet | Development | [View](https://www.comp.xyz/t/compound-gateway-testnet/1302) |
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The Compound Labs team released a testnet for Gateway, an open, distributed ledger for cross-chain interest rate markets. Users can upload Ethereum assets to Gateway in order to borrow, transfer, or download other assets like CASH, Gateway’s native unit of account.
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| Governor Bravo Development | Development | [View](https://www.comp.xyz/t/governor-bravo-development/942/12) |
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Compound community member @arr00 shared the source code for Governor Bravo, an upgrade to the current Compound governance system that will allow for functionality like abstain option on voting, incrimental changes, and voting reason strings. @arr00 is hosting a week-long code bounty while Open Zeppelin prepares a finalized audit.
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| Name | Category | Link |
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| ------------- |:-------------:| :-----:|
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| Oracle Infrastructure: Chainlink Proposal | Development | [View](https://www.comp.xyz/t/oracle-infrastructure-chainlink-proposal/1272) |
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Getty Hill suggests that the community should consider using Chainlink as the price oracle for Compound. Getty lays out potential concerns with the proposed medianizer, and an offer from the Chainlink team to launch oracle contracts for Compound without admin keys.
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