Calling all Cardano developers.

04 Oct 2024, 11:50
Calling all Cardano developers! šŸ—£ Your experience matters—take the annual Cardano Developers Survey and shape what comes next in our developer ecosystem. It takes ten minutes, and your input helps drive the future of Cardano. 🌐

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05 Oct 2024, 01:07
āš”ļø GENSO Indonesia šŸ‡®šŸ‡© X Coinspirasi Digital X YGG GAP S7 For those who missed the live AMA, here’s the Indonesian playbacks of the AMA of GENSO in YGG GAP Quest S7. šŸ™ Thank you to our lovely host and guest speaker, Coinspirasi Digital and MDSN, respectively, for explaining the quests thoroughly to the community! Thank you as well for everyone who participated, and congratulations to all our winners! ✨
GENSO Indonesia X Coinspirasi Digital X YGG GAP S7.
āš”ļø GENSO Indonesia šŸ‡®šŸ‡© X Coinspirasi Digital X YGG GAP S7 For those who missed the live AMA, here’s the Indonesian playbacks of the AMA of GENSO in YGG GAP Quest S7. šŸ™ Thank you to our lovely host and guest speaker, Coinspirasi Digital and MDSN, respectively, for explaining the quests thoroughly to the community! Thank you as well for everyone who participated, and congratulations to all our winners! ✨ https://www.youtube.com/watch?v=IuD5ylE4jiQ
Contentos
ContentosCOS #1212
Telegram
05 Oct 2024, 00:04
The PASS Hunter event is now live! šŸŽ‰ Collect 5 PASSes and reach the required trading volume to claim your share of the reward pool! šŸ† With a total of 10,000,000 VEST Loan Rewards up for grabs, don’t miss your chance! šŸ˜† Join NOW! šŸ‘‰
The PASS Hunter event is now live.
The PASS Hunter event is now live! šŸŽ‰ Collect 5 PASSes and reach the required trading volume to claim your share of the reward pool! šŸ† With a total of 10,000,000 VEST Loan Rewards up for grabs, don’t miss your chance! šŸ˜† https://medium.com/@contentoshome/pass-hunter-collect-passes-to-share-vest-loan-rewards-20aee0e4cafc Join NOW! šŸ‘‰ https://cos.tv/v2/channel-vip/events/pass-hunter-202409
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
04 Oct 2024, 21:37
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³:
VIP-380 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-380 Quarterly XVS Buyback and Funds Allocation Summary This VIP outlines the protocol’s Quarterly Buyback and Funds Allocation strategy as per our Tokenomics V4, emphasizing the following key aspects for Q3 2024: BNB Chain: Protocol Reserves & Liquidation Fees - Protocol Reserves: $1,585,318 - Liquidation Fees: $1,050,956 - Total: $2,636,274 Tokenomic Allocations: - XVS Buyback: 79,822 XVS ($615,120) - Venus Prime: $317,063 - Treasury: $1,791,956 ETH Mainnet: Protocol Reserves & Liquidation Fees - Protocol Reserves: $160,440 - Liquidation Fees: $282 - Total: $160,722 Tokenomic Allocations: - XVS Buyback: $32,144 - Venus Prime: $32,088 - Treasury: $96,490 Arbitrum: Protocol Reserves, Liquidation Fees and Tokenomic Allocation will be accumulated and considered for the next quarter, as not enough time has passed since its deployment *Note: All token prices and amounts will be calculated for Oct-01-2024 12:59:55 AM +UTC, block number 42711932.* *The XVS Buyback was executed gradually over the quarter for BNB Chain and has yet to be converted for ETH Mainnet.* If approved, this VIP will perform the following actions: BNB Chain: 1. XVS Buyback Allocation: Send the 79,822 converted XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 1,500 daily XVS. ETH Mainnet: 1. XVS Buyback Allocation: Send 22,577 XVS from the XVS Vault Treasury to the XVS Store, for the new XVS vault rewards. 2. XVS Vault Speed: Set the new XVS Vault reward speed to 240 daily XVS. Arbitrum: 1. XVS Vault Rewards for Arbitrum: Transfer 4,500 XVS from the Venus Distributor on BNB Chain to the XVSStore contract in Arbitrum, in preparation for the next quarter following the Arbitrum Deployment Proposal. - VIP simulation - Tokenomics V4 Vote šŸ—³: https://app.venus.io/#/governance/proposal/380?chainId=56