boardroom-inc-protocol-Info/protocols/synthetix/resources/Gov Weekly/Update Week 14 2021 08-04-21.md

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Governance Update

Spartan Council - Live Votes

Name Category Link
SCCP-93: Increase priceDeviationThresholdFactor to 1.8 from 1.6 Parameters Vote

Summary:
SCCP-93 proposes to raise the priceDeviationThresholdFactor to 1.8 from 1.6, in order to re-enable trading on sEOS

Opened: Apr 8th
Closes: Apr 11th

Name Category Link
SIP 112: ETH Wrappr Product View

Summary:
SIP-112 allows for minting of sETH with ETH and releasing back the locked ETH by burning sETH

Opened: Apr 8th
Closes: Apr 11th

Name Category Link
SIP-127: Minimal Proxies for vSynth Gas Optimization Vote

Summary:
SIP-127 proposes to deploy a ERC-1167 Minimal Proxy instead of a full Virtual Synth contract when new Virtual Synths are created

Opened: Apr 6th
Closes: Apr 9th

Name Category Link
SIP-126: Adding s1INCH and sRUNE to Synthetix Product Vote

Summary:
SIP-126 proposes to add s1INCH and sRUNE to synth exchanges, are you in favor of this decision?

Opened: Apr 6th
Closes: Apr 9th

Name Category Link
SIP-120: Keep3r TWAP Exchange Function Product Vote

Summary:
SIP-120 proposes to bring atomicity to synth exchanges

Opened: Apr 6th
Closes: Apr 9th

Name Category Link
SIP 107: Add sCRV Synth Product Vote

Summary:
SCCP-107 proposes to add sCRV to Synthetix Exchanges, are you in favor of this decision?

Opened: Apr 6th
Closes: Apr 9th

Spartan Council - Recent Votes

Name Category Link
SCCP-91: Increase loans and shorts cap to sUSD 65 million Parameters View

Summary:
SCCP-91 proposes to increase the cap on borrows and shorts to sUSD 65 million, are you in favor of this decision?

Outcome: Approved and Implemented

Opened: Apr 3rd
Closed: Apr 6th

Name Category Link
SIP-119: Adding ZEC Synth Product View

Summary:
SIP-119 proposes to add ZEC as a synth to the protocol

Outcome: Approved

Opened: Apr 2nd
Closed: Apr 5th

New Proposals (Pending)

Name Category Link
SIP 128: Adding sCOIN Synth Product View

Summary:
This SIP proposes to introduce sCOIN, the synthetic asset that tracks the price of the shares of Coinbase, Inc.

Name Category Link
Distribute 16k SNX to sBTC shorting reward incentives Incentives View

Summary:
Distribute to sBTC short incentives 16K SNX from inflationary supply

Name Category Link
Slighly increase the circuit breaker deviation Parameters View

Summary:
Increase the price deviation threshold factor to 1.8 in order to unblock sEOS.