boardroom-inc-protocol-Info/protocols/compound/resources/Gov Weekly/Week 14 2021 07-04-21.md

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Governance Update

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TrueUSD Listing Proposal Development View

The TrueUSD team shares that they have gathered the 100k COMP necessary to propose TUSD as the next supported asset on Compound, and are looking for feedback from the broader community before making the proposal.

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Use case for cETH Development View

Sam Simons suggests a method for how users could migrate to the new cWBTC market and save on gas costs by taking advantage of the net positive borrowing rate for ETH.

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Oracle Infrastructure: Chainlink Proposal Development View

Getty Hill provides an update on the proposed Chainlink oracle solution, mainly that Compound Governance will be the admin of the contracts, there will be an emergency function to switch to the standard Chainlink v2 oracle, and Uniswap v2 will be the anchor.

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Compound / Uniswap Meme Contest Treasury View

The Compound Grants Program is sponsoring a meme contest alongside Uniswap Grants. The competition will run for 4 weeks and feature a new theme each week that contestants can create memes about. The themes will be basic DeFi concepts like liqudations, impermanent loss, etc. to help convey this information to a broader audience.