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Venus ProtocolVenus Protocolby0xc444949e0054A23c44Fc45789738bdF64aed2391venusvanguard.dao

Proposal for Revision of Venus Protocol Tokenomics V4

Voting ended almost 2 years agoSucceeded

Summary

The Venus Protocol has achieved a significant milestone in successfully eliminating 99.99% of its historical shortfall, reducing bad debt to less than $10,000.

This revised allocation aims to strike a balance between maintaining prudent risk management practices and rewarding the community that has been instrumental in the protocol’s success. It is a step towards a more sustainable and community-driven future for the Venus Protocol.

After successfully adjusting the Tokenomics, an XVS emissions adjustment will also be proposed for all Core pool markets.

Complete details in the forum post below.

Off-Chain Vote

For, please proceed.
764.38K XVS100%
Against, do not proceed.
0 XVS0%
Quorum:1529%
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Discussion

Venus ProtocolProposal for Revision of Venus Protocol Tokenomics V4

Timeline

Jun 11, 2024Proposal created
Jun 11, 2024Proposal vote started
Jun 12, 2024Proposal vote ended
Nov 15, 2024Proposal updated