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			114 lines
		
	
	
		
			4.0 KiB
		
	
	
	
		
			Markdown
		
	
	
	
	
	
			
		
		
	
	
			114 lines
		
	
	
		
			4.0 KiB
		
	
	
	
		
			Markdown
		
	
	
	
	
	
# Governance Update
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## Spartan Council - Live Votes
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| Name          | Category      | Link   |
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| ------------- |:-------------:| :-----:|
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| SCCP-93: Increase priceDeviationThresholdFactor to 1.8 from 1.6 | Parameters | [Vote](https://app.boardroom.info/snxgov.eth/poll/QmSYVCQ9JHxYzwuR5e7fxviAq7BqjhygvdPjgvApy1ph7o) |
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Summary:  
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SCCP-93 proposes to raise the priceDeviationThresholdFactor to 1.8 from 1.6, in order to re-enable trading on sEOS
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Opened: Apr 8th\
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Closes: Apr 11th
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| Name          | Category      | Link   |
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| ------------- |:-------------:| :-----:|
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| SIP 112: ETH Wrappr | Product | [View](https://app.boardroom.info/snxgov.eth/poll/QmeMpeM9x4meydXWRBWgksuVk5yRvyL3gHkqYZfcrXPArA) |
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Summary:  
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SIP-112 allows for minting of sETH with ETH and releasing back the locked ETH by burning sETH
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Opened: Apr 8th\
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Closes: Apr 11th
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| Name          | Category      | Link   |
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| ------------- |:-------------:| :-----:|
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| SIP-127: Minimal Proxies for vSynth | Gas Optimization | [Vote](https://app.boardroom.info/snxgov.eth/poll/QmW2ZYGfQKKJuZFZhuUosYjHJsQh84iB2JKW3rvyMpH72W) |
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Summary:  
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SIP-127 proposes to deploy a ERC-1167 Minimal Proxy instead of a full Virtual Synth contract when new Virtual Synths are created
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Opened: Apr 6th\
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Closes: Apr 9th
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| Name          | Category      | Link   |
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| ------------- |:-------------:| :-----:|
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| SIP-126: Adding s1INCH and sRUNE to Synthetix | Product | [Vote](https://app.boardroom.info/snxgov.eth/poll/QmZTBgeA5Z2MAKCZ7RujmoFtFV6bCsARSYz3wBePqhhfDa) |
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Summary:  
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SIP-126 proposes to add s1INCH and sRUNE to synth exchanges, are you in favor of this decision?
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Opened: Apr 6th\
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Closes: Apr 9th
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| Name          | Category      | Link   |
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| ------------- |:-------------:| :-----:|
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| SIP-120: Keep3r TWAP Exchange Function | Product | [Vote](https://app.boardroom.info/snxgov.eth/poll/QmY4VNNAAkirJt8J2GUeak3hUUzCQryudEyC5f3SRDbumt) |
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Summary:  
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SIP-120 proposes to bring atomicity to synth exchanges
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Opened: Apr 6th\
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Closes: Apr 9th
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| Name          | Category      | Link   |
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| ------------- |:-------------:| :-----:|
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| SIP 107: Add sCRV Synth | Product | [Vote](https://app.boardroom.info/snxgov.eth/poll/Qmer85yDMpPMxbkkqqvzgJ6R9VL2RaVtdBG96hegffVBYg) |
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Summary:  
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SCCP-107 proposes to add sCRV to Synthetix Exchanges, are you in favor of this decision?
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Opened: Apr 6th\
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Closes: Apr 9th
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## Spartan Council - Recent Votes
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| Name          | Category      | Link   |
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| ------------- |:-------------:| :-----:|
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| SCCP-91: Increase loans and shorts cap to sUSD 65 million  | Parameters | [View](https://app.boardroom.info/snxgov.eth/poll/QmeixX7Xta2zSWaCRyNS1pQiEjk1vLq28r7fKt2d7ytjAg) |
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Summary:\
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SCCP-91 proposes to increase the cap on borrows and shorts to sUSD 65 million, are you in favor of this decision?
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Outcome: Approved and Implemented
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Opened: Apr 3rd\
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Closed: Apr 6th
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| Name          | Category      | Link   |
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| ------------- |:-------------:| :-----:|
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| SIP-119: Adding ZEC Synth | Product | [View](https://app.boardroom.info/snxgov.eth/poll/QmRJK2x9gmwRZ1oeMeMePANAeQjx1vkJuqRKqox7HCFxx7) |
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Summary:\
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SIP-119 proposes to add ZEC as a synth to the protocol
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Outcome: Approved
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Opened: Apr 2nd\
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Closed: Apr 5th
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## New Proposals (Pending)
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| Name          | Category      | Link   |
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| ------------- |:-------------:| :-----:|
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| SIP 128: Adding sCOIN Synth | Product | [View](https://sips.synthetix.io/sips/sip-128) |
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Summary:\
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This SIP proposes to introduce sCOIN, the synthetic asset that tracks the price of the shares of Coinbase, Inc.
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| Name          | Category      | Link   |
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| ------------- |:-------------:| :-----:|
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| Distribute 16k SNX to sBTC shorting reward incentives | Incentives | [View](https://sips.synthetix.io/SCCP/sccp-92) |
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Summary:\
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Distribute to sBTC short incentives 16K SNX from inflationary supply
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| Name          | Category      | Link   |
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| ------------- |:-------------:| :-----:|
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| Slighly increase the circuit breaker deviation | Parameters | [View](https://sips.synthetix.io/SCCP/sccp-93) |
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Summary:\
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Increase the price deviation threshold factor to 1.8 in order to unblock sEOS.
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