boardroom-inc-protocol-Info/protocols/compound/resources/Gov Weekly/Week 8 2021 25-02-21.md

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Governance Update

Live Votes

Recent Votes

Name Category Link
Adjust BAT, ZRX collateral factors Parameter Change View

Proposal 38 would have increased the collateral factors of cBAT and cZRX from 60% to 65% but failed to reach the necessary quorum of COMP token holders. Gauntlet plans to re-propose the change in the near future.

Discussions

Name Category Link
Compound Weighted Median Oracle Development View

Band Protocol team is working on a Price Feed Medianizer to expand on the current Open Price Feed. The medianizer allows Compound governance to choose and weight a set of reporters as the data source for asset prices. The reporters could include centralized exchanges, on-chain decentralized exchanges, on-chain oracle networks, or reputable independent reports.

Name Category Link
ZRX,BAT, and WBTC Parameter Update Parameter Change View

The Gauntlet team plans to re-propose the cBAT and cZRX collateral factor increase to 65%, as well as decrease the WBTC collateral factor from 75% to 60%. The Gauntlet team believes the WBTC collateral factor decrease is necessary to reduce systemic risk to the protocol.

Name Category Link
Add Uniswap LP tokens as Collateral Asset Development View

Compound community member @3.1415r proposes adding support for Uniswap LP tokens as collateral for any trading pair where both assets are already usable as collateral on Compound.