The proposal outlines a comprehensive development program for Venus on the Ethereum Mainnet in collaboration with Lido, Frax, Curve, and Gitcoin. Key points include XVS rewards allocation, Ethereum vault base rewards, liquidity provision on Uniswap, multichain development grants, partnerships with Lido, Frax, and Gitcoin, as well as incentive mechanisms for supported assets.
In summary, the proposal introduces various initiatives to promote the growth and adoption of Venus Protocol on Ethereum, including rewards distributions, partnership incentives, and grant programs to support multichain expansion.
The overall objective is to establish Venus as a leading player in decentralized finance, leveraging partnerships and incentives to incentivize liquidity provision and community participation. This strategic approach aims to drive innovation and growth within the Venus ecosystem while fostering collaboration with key industry players in the DeFi space.