boardroom-inc-protocol-Info/__unsupported/pooltogether/Gov Weekly/Update Week 13 2021 01-04-21.md

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Governance Update

Recent Votes (On-chain)

Name Category Link
Proposal #4 - PTIP6: This proposal is a repeat of PTIP-3, as PTIP-3 failed to execute Marketing/Product Vote

Summary:
This proposal is a repeat of PTIP-3, as PTIP-3 failed to execute.\

The proposal will (1) Use POOL from the treasury to create a Sablier stream to stream prizes to the pool, streaming 200 POOL per week to the POOL Pool. (2) Use POOL from the treasury to fill a token faucet that drips POOL to the POOL pool ticket holders at 100 POOL per day.

Closed: Mar 27th Outcome: Approved and Executed

Ongoing Discussions

Name Category Link
“The Fish Tank” / Fair win chances for little balances Product Discuss

Summary:
This post addresses concern with whales winning most prizes. It proposes a feature called "The Fish Tank", whereby a percentage of the interest is put aside to fill another prize pool, which is not correlated to the number of tickets, but only to the addresses who enter.

Update: Pushback given that the "PoolPower Pods" coming soon may well address this problem.

Date Created: March 7th
Last Active: April 1st

Name Category Link
Incentivize the POOL/ETH LPs Incentives Discuss

Summary:
This post proposes creatinga pool for LPs which will give an incentive for more people to stake there are currently only 147 people doing LPing.

Update: Questions regarding why incentivized LP be more attractive than joining the POOL pool

Date Created: March 20th
Last Active: April 1st

Name Category Link
Use Yearn vaults to generate a higher payout Incentives/Product Discuss

Summary:
Suggestion to combine combine the Fish Tank Idea with the Yearn Vaults to increase the payout amounts. The larger return on the pooled assets would offset any noticed losses on payouts due to the increased overall size of the payout

Update: Work has begun on adding Yield Sources.

Date Created: March 8th
Last Active: April 1st