Since its inception in 2020, the community-driven Venus Protocol has successfully offered an autonomous and non-custodial utility for supplying liquidity and collateralization of digital assets. In that time, community feedback and data analysis have charted a path toward improving the protocol’s performance.
After 2 years of remarkable growth in which Venus became the most transacted protocol on BNB Chain in its category, this proposal needs community approval for upgrading the protocol across numerous areas as outlined below.
We’re pleased to present Venus V4, the next generation of features to advance DeFi. In particular, Venus V4 improvements address three key areas: risk management, decentralization, and user experience.
Main Upgrades to be performed:
The complete proposal details are published in the link below.