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boardroom-inc-protocol-Info/protocols/synthetix/resources/Gov Weekly/Update Week 13 2021 01-04-21.md

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Governance Update

Snapshot - Spartan Council: Live Votes

Name Category Link
project swap eth gas comittio 0 Product Vote

Summary:
Project swap eth gas commission 0

Opened: Mar 4th
Closes: Apr 23rd

Snapshot - Spartan Council: Recent Votes

Name Category Link
SCCP-90: Update priceDeviationThresholdFactor to 1.6 Product/Parameters Vote

Summary:
Given the imminent increase in the number stock synths, this sccp proposes to tighten priceDeviationThresholdFactor to a value of 1.6x, in order to safeguard against the event of a significant increase in synth price following a reverse stock split.

Outcome: Approved and Implemented

Opened: Mar 22nd
Closes: Apr 25th