Chaos Labs: Deprecation Recommendations for Select Venus BNB and Ethereum Pools
Summary
This proposal, following a comprehensive on-chain market activity review by Chaos Labs, recommends deprecating several isolated Venus markets across BNB and Ethereum chains. The aim is to improve capital efficiency and streamline liquidity across the Venus Protocol.
Proposal Actions
-
Do Not Deprecate: No changes to the BNB Core Pool: All assets remain active and above deprecation thresholds.
-
Deprecate the Following Pools in Full:
BNB BTC IL Pool
BNB Liquid Staked ETH IL Pool
BNB Chain Meme IL Pool
BNB Chain Stablecoin IL Pool
BNB Chain Tron IL Pool
- Deprecate Specific Assets in Isolated Pools:
BNB Chain DeFi IL Pool: (USDD, ankrBNB, ALPACA)
BNB Chain GameFi IL Pool: (USDD)
BNB Chain Liquid Staked BNB Pool: (PT-clisBNB-24APR2025)
Rationale
Low Utilization: Many markets have under $100K in total supply and little to no borrowing.
Redundancy: Some assets (e.g., TRX, lisUSD) are already active in the Core Pool and the deployments of USDD 2.0 is planned on the core pool.
Expired or Obsolete: Assets like PT-clisBNB-24APR2025 have matured or serve no strategic purpose.
Inactive Collaterals: wstETH, weETH, and other liquid staking derivatives in isolated ETH pools have no user activity.
Off-Chain Vote
For, please proceed.
801.72K XVS100%
Against, do not proceed.
0 XVS0%
Quorum:1603%
Timeline
May 28, 2025Proposal created
May 28, 2025Proposal vote started
May 29, 2025Proposal vote ended
May 29, 2025Proposal updated