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Venus ProtocolVenus Protocolby0xc444949e0054A23c44Fc45789738bdF64aed2391venusvanguard.dao

Funding request to maintain Venus subgraphs on The Graph Network

Voting ended almost 2 years agoSucceeded

Summary

This is a request to the Venus Community for 18,000 USDC (~57,960 GRT assuming $0.3 per GRT and the remaining swapped to ARB to fund transactions).

The USDC will be swapped for GRT and ARB and used to maintain the Venus Protocol’s subgraphs for 1 year starting June 2024. Venus Protocol is currently using subgraphs to provide protocol data to the Venus Protocol UI, landing page, security partners like Chaos labs, and tools like keeper bots and will continue to use The Graph for future projects, like multi chain governance.

On June 12th, 2024 the hosted service will be fully upgraded to The Graph’s decentralized service thus requiring migration to the decentralized service. To make the migration easier Edge & Node has offered support including a month of sponsored queries and curation for 5 subgraphs.

Complete details in the forum post below.

Off-Chain Vote

For, please proceed.
716.16K XVS100%
Against, do not proceed.
0 XVS0%
Quorum:1432%
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Discussion

Venus ProtocolFunding request to maintain Venus subgraphs on The Graph Network

Timeline

Jun 03, 2024Proposal created
Jun 03, 2024Proposal vote started
Jun 04, 2024Proposal vote ended
Nov 15, 2024Proposal updated