Governance Digest

Active Votes

• Aavegotchi is running a vote to fix the distribution in some of the wearable game items. Currently, some common items have a smaller supply than more rare items. This vote will address this imbalance through creating parameters where higher rarity items must be issued through auctions and raffles in lower counts than more common items.
• Anchor is voting on two proposals.
  • End of Degenbox: Given the recent controversy surrounding the teams of Abracadabra Money and Wonderland, Anchor is running a vote to end the MIM Degenbox Strategy. Despite the fact that the post is light on details and has no linked forum proposal, it has so far gotten broad support among ANC holders.
  • Luna to 80%: The second vote, if passed, will raise the LTV of Luna to 80% on Anchor. The proposal hopes this will encourage more borrowing on Anchor, which should also help to maintain the yield reserve.
• APWine is deciding on whether or not to add a dedicated treasury swap fee. This would add an additional .05% fee to the existing .25%. The new fee would solely go to the DAO treasury, which may be used for buybacks or DAO operations.
• Dydx is running a vote to determine liquidity provider eligibility for borrowing from the liquidity staking pool. Whitelisted liquidity providers would be able to borrow staked USDC to make markets on dYdX. This vote gives token holders the ability to determine who is allowed to borrow staked funds, and change the amount they can borrow.
• Gnosis is deciding two governance movements this week.
  • The CowDAO: The Gnosis