• © Goverland Inc. 2026
  • v1.0.8
  • Privacy Policy
  • Terms of Use
Venus ProtocolVenus Protocolby0xc444949e0054A23c44Fc45789738bdF64aed2391venusvanguard.dao

Support weETH collateral on Venus on ETH Mainnet

Voting ended about 2 years agoSucceeded

Summary

The proposal to list weETH assets on Venus Protocol offers significant benefits to the Venus community, including the opportunity to add Liquid Restaking Tokens (LRT) from ether.fi on ETH Mainnet.

Users can stake their ETH, earn rewards, and enjoy additional benefits through restaking on EigenLayer. With approximately $2.7B in TVL already deposited into the ether.fi protocol, the addition of weETH to Venus can enhance asset diversity and liquidity on the platform.

By integrating weETH, Venus allows users to earn ether.fi and EigenLayer points for future incentives, along with lending APY on their holdings.

The proposed liquidity mining incentive offered by Ether.fi for weETH suppliers demonstrates a commitment to jumpstart the market on Venus and attract more users. This move positions Venus as a pioneer in capturing the restaking market, catering to the growing demand for LRTs and providing users with a wider range of opportunities.

Overall, listing weETH on Venus Protocol aligns with the community's focus on decentralization, sustainability, and doing what is right for the Ethereum ecosystem. The proposal not only enhances asset diversity and liquidity but also strengthens the collaboration between Venus and ether.fi to drive innovation and value creation for users.

Off-Chain Vote

For proceed to VIP
507.64K XVS99.8%
Against, do not proceed
1.23K XVS0.2%
Quorum:1018%
Download mobile app to vote

Discussion

Venus ProtocolSupport weETH collateral on Venus on ETH Mainnet

Timeline

Mar 20, 2024Proposal created
Mar 20, 2024Proposal vote started
Mar 21, 2024Proposal vote ended
Nov 15, 2024Proposal updated