boardroom-inc-protocol-Info/gnosis.eth/Gov Weekly/Update Week 8 2021 02-22-21.md
2021-03-02 12:43:35 -06:00

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Governance Update

Live Votes

Name Category Link
GIP-6 Deploy Gnosis Auction Development Vote

This GIP intends to answer the question: Should GnosisDAO deploy GnosisAuction?
GnosisAuction would build on the proven success with token sales that Gnosis Protocol (GP) v1 (Mesa) had. It will provide a sturdy mechanism that supports fair price finding in token sales. It will also aim to be modular enough to work in other scenarios where auctions are needed.

Recent Votes

Name Category Link
GIP-5: Remove Gnosis Impact from the GnosisDAO Governance Process Meta View

Gnosis Impact is currently an integral component of the Gnosis governance process. The current implementation of Gnosis Impact has known flaws and poses uncalled-for obstacles to pass proposals through the governance process.
This proposal aims to exclude the obligatory utilization of Gnosis Impact as part of the GnosisDAOs governance process phase 3 until a proposal passes amending its shortcomings.

This proposal passed on Feb 19th.

Name Category Link
GIP-3: Set the quorum for "yes" votes to 4% of the circulating supply of GNO Meta View

Lower the quorum threshold for required YES GNO to increase the chance of acceptance of proposals. Instead of the current 10%, the threshold could be lowered to 4% of circulating supply.

This proposal passed on February 22nd.

Discussions

Name Category Link
GIP-4: Should GnosisDAO pay additional GNO rewards for GNO<>ETH LP on Sushiswap? Marketing Discuss

The objective of this proposal is to kick off a crossDAO collaboration attempting to increase number of stakeholders for both communities (Sushi and GnosisDAO). The proposal seeks a liquidity incentivisation campaign with the following goals:

  • Creating stakeholders for both communities
  • Foment cross-DAO collaborations in the future
  • Increase GNO liquidity
Name Category Link
Should GnosisDAO establish OWL as a stable coin? Product Discuss

This proposal suggests to morph OWL into an asset backed stable coin - similar to DAI.

Compared to DAI there would be key differences:

  1. Holding OWL should accrue interest. (similar to DSR - but in contrast to DAI all OWL should benefit from this interest) OWL == CHAI
  2. Minting of OWL is (at least in the beginning) primarily done by GnosisDAO
  3. All assets controlled by GnosisDAO are essentially collateral for OWL
  4. In contrast to Maker - GnosisDAO could freely use the assets to do e.g. yield farming