TLDR:
Background: On 13-Feb-2022, Paxos announced it will end its relationship with Binance and stop minting BUSD tokens: https://www.prnewswire.com/news-releases/paxos-will-halt-minting-new-busd-tokens-301744964.html
Existing BUSD tokens are redeemable through Paxos Trust company at least until February 2024. This limits the riks of a potential BUSD depeg as it can easily be arbed.
Synapse liquidity providers on BNB Chain have exposure to BUSD through the nUSD / BUSD / USDt / USDC pool (note that BUSD on BNB Chain is issued, like any Binance-peg token by Binance itself; in essence it is wrapped and bridged by Binance).
As a result, some people asked in the Synapse discord on whether governance would look into that pool: https://discord.com/channels/887411327696511027/887413395467415582/1076172126127661077
While BUSD still remains the dominant stable on BSC, a few points are noteworthy:
A post was made in the forum suggesting to replace the existing pool by a new pool, which would not include BUSD: https://forum.synapseprotocol.com/d/246-removing-busd-from-the-bnb-chain-pool
General feedback, conveyed in the Discord and on Telegram seemed to agree it was the best course of action
Actions to be undertaken by Synapse DAO contributors, should the Synapse DAO vote in favour of that proposal: