Building your first DeFi app. Getting started with oracles. Follow along this community-made guide on building with Pyth.
27 Nov 2024, 13:33
Building your first DeFi app?
Getting started with oracles?
Follow along this community-made guide on building with Pyth.
Everything you need to succeed:
Same news in other sources
5327 Nov 2024, 18:31
Читай и инвестируй в свои знания!
Почему книги? Потому что они дают структурированную информацию, углубленный анализ и долгосрочную перспективу.
От новичка до профи – найдется информация для каждого.
📚 Книга 1: КНИГА О КРИПТОВАЛЮТЕ № 1
📖 Книга 2: КРИПТО-МАШИНА ВРЕМЕНИ
📕 Книга 3: WEB 3 MEDIA. СТАРТАП С НУЛЯ.
🔵 Наши ссылки
💰 Торгуем на Bybit | ✖️ Торгуем на BingX | ⚡️ Pro Energy
Читай и инвестируй в свои знания. Почему книги.
Читай и инвестируй в свои знания!
Почему книги? Потому что они дают структурированную информацию, углубленный анализ и долгосрочную перспективу.
От новичка до профи – найдется информация для каждого.
📚 Книга 1: КНИГА О КРИПТОВАЛЮТЕ № 1
📖 Книга 2: КРИПТО-МАШИНА ВРЕМЕНИ
📕 Книга 3: WEB 3 MEDIA. СТАРТАП С НУЛЯ.
🔵 Наши ссылки
💰 Торгуем на Bybit | ✖️ Торгуем на BingX | ⚡️ Pro Energy
27 Nov 2024, 14:01
🔔 Reminder: $DCK Trading Carnival is ongoing on HTX!
• End Date: 12:00 (UTC) on December 2, 2024
• Reward Pool: $10,000 in $DCK
Trade now and secure your share before the event closes!
🔗 www.htx.com.cm/support/44985720108457
⚡️ Comment, Like, Retweet ⚡️
Official links:
📈 Website
📈 DexCheck App
📈 IPSO Launchpad
👍 Telegram ✖️ X (Twitter)
👍 Instagram 👍 YouTube
Reminder: $DCK Trading Carnival is ongoing on HTX. • End Date: 12:00 (UTC) on December 2, 2024. • Reward Pool: $10,000 in $DCK.
🔔 Reminder: $DCK Trading Carnival is ongoing on HTX!
• End Date: 12:00 (UTC) on December 2, 2024
• Reward Pool: $10,000 in $DCK
Trade now and secure your share before the event closes!
🔗 www.htx.com.cm/support/44985720108457
⚡️ Comment, Like, Retweet ⚡️
Official links:
📈 Website
📈 DexCheck App
📈 IPSO Launchpad
👍 Telegram ✖️ X (Twitter)
👍 Instagram 👍 YouTube
27 Nov 2024, 14:01
🔔 Reminder: $DCK Trading Carnival is ongoing on HTX!
• End Date: 12:00 (UTC) on December 2, 2024
• Reward Pool: $10,000 in $DCK
Trade now and secure your share before the event closes!
🔗 www.htx.com.cm/support/44985720108457
⚡️ Comment, Like, Retweet ⚡️
Official links:
📈 Website
📈 DexCheck App
📈 IPSO Launchpad
👍 Telegram ✖️ X (Twitter)
👍 Instagram 👍 YouTube
Reminder: $DCK Trading Carnival is ongoing on HTX. • End Date: 12:00 (UTC) on December 2, 2024. • Reward Pool: $10,000 in $DCK.
🔔 Reminder: $DCK Trading Carnival is ongoing on HTX!
• End Date: 12:00 (UTC) on December 2, 2024
• Reward Pool: $10,000 in $DCK
Trade now and secure your share before the event closes!
🔗 www.htx.com.cm/support/44985720108457
⚡️ Comment, Like, Retweet ⚡️
Official links:
📈 Website
📈 DexCheck App
📈 IPSO Launchpad
👍 Telegram ✖️ X (Twitter)
👍 Instagram 👍 YouTube
27 Nov 2024, 13:53
✔️ Экс CEO Binance, Чанпэн «CZ» Чжао предлагает использовать блокчейн для работы с ИИ и выступает за разработку децентрализованных инструментов.
🔵 Наши ссылки
💰 Торгуем на Bybit | ✖️ Торгуем на BingX | ⚡️ Pro Energy
Экс CEO Binance, Чанпэн «CZ» Чжао предлагает использовать блокчейн для работы с ИИ и выступает за разработку децентрализованных
✔️ Экс CEO Binance, Чанпэн «CZ» Чжао предлагает использовать блокчейн для работы с ИИ и выступает за разработку децентрализованных инструментов.
🔵 Наши ссылки
💰 Торгуем на Bybit | ✖️ Торгуем на BingX | ⚡️ Pro Energy
27 Nov 2024, 13:47
2000 reposts and they will burn 1% !!!!
1300 more !!!
engage guys !
2000 reposts and they will burn 1% . 1300 more . engage guys .
2000 reposts and they will burn 1% !!!!
1300 more !!!
engage guys !
27 Nov 2024, 13:46
The final element is coming soon, bringing the power of Water to Magic Madness! 🌊
Prepare yourselves for epic battles in a brand-new arena, guarded by the legendary Black Turtle. 🐢 This update isn't just about a new element; it's bringing a wave of improvements! We've been hard at work enhancing gameplay, adding new skins and squashing bugs to make your experience smoother than ever. 🛠⚡️
Are you ready to take on the challenge and rule the Water arena? 🏆⚔️
👉
Website | Twitter | Telegram | Announcements | Discord |Staking | OpenSea | Medium | Instagram | YouTube
The final element is coming soon, bringing the power of Water to Magic Madness.
The final element is coming soon, bringing the power of Water to Magic Madness! 🌊
Prepare yourselves for epic battles in a brand-new arena, guarded by the legendary Black Turtle. 🐢 This update isn't just about a new element; it's bringing a wave of improvements! We've been hard at work enhancing gameplay, adding new skins and squashing bugs to make your experience smoother than ever. 🛠⚡️
Are you ready to take on the challenge and rule the Water arena? 🏆⚔️
👉 https://www.victoriavr.com/play/pvp-arenas
Website | Twitter | Telegram | Announcements | Discord |Staking | OpenSea | Medium | Instagram | YouTube
27 Nov 2024, 13:46
$DASH is on a roll! Up 27% this week and still climbing 📈
With lightning-fast transactions and top-notch privacy features, it’s no wonder $DASH is making waves.
Don’t miss out! 🔗 GET $DASH NOW
$DASH is on a roll. Up 27% this week and still climbing.
$DASH is on a roll! Up 27% this week and still climbing 📈
With lightning-fast transactions and top-notch privacy features, it’s no wonder $DASH is making waves.
Don’t miss out! 🔗 GET $DASH NOW
27 Nov 2024, 13:46
The final element is coming soon, bringing the power of Water to Magic Madness! 🌊
Prepare yourselves for epic battles in a brand-new arena, guarded by the legendary Black Turtle. 🐢 This update isn't just about a new element; it's bringing a wave of improvements! We've been hard at work enhancing gameplay, adding new skins and squashing bugs to make your experience smoother than ever. 🛠⚡️
Are you ready to take on the challenge and rule the Water arena? 🏆⚔️
👉
Website | Twitter | Telegram | Announcements | Discord |Staking | OpenSea | Medium | Instagram | YouTube
The final element is coming soon, bringing the power of Water to Magic Madness.
The final element is coming soon, bringing the power of Water to Magic Madness! 🌊
Prepare yourselves for epic battles in a brand-new arena, guarded by the legendary Black Turtle. 🐢 This update isn't just about a new element; it's bringing a wave of improvements! We've been hard at work enhancing gameplay, adding new skins and squashing bugs to make your experience smoother than ever. 🛠⚡️
Are you ready to take on the challenge and rule the Water arena? 🏆⚔️
👉 https://www.victoriavr.com/play/pvp-arenas
Website | Twitter | Telegram | Announcements | Discord |Staking | OpenSea | Medium | Instagram | YouTube
27 Nov 2024, 13:39
親愛的用戶:
頂峰AscendEX將首發上線 Mona Arcane (MONA),開啟MONA/USDT交易,具體詳情如下:
開放儲值:11月27日16:30(北京時間)
開放交易:11月27日18:00(北京時間)
開放提現:11月28日18:00(北京時間)
馬上交易>
Mona Arcane (MONA)幣種資料:https://ascendex.com/zh-tw/support/articles/114164
感謝您長期以來的支持與幫助!
頂峰AscendEX團隊
2024年11月27日
官方電報群:https://t.me/AscendEXTCN
親愛的用戶:. 頂峰AscendEX將首發上線 Mona Arcane (MONA),開啟MONA/USDT交易,具體詳情如下:. 開放儲值:11月27日16:30(北京時間). 開放交易:11月27日18:00(北京時間).
親愛的用戶:
頂峰AscendEX將首發上線 Mona Arcane (MONA),開啟MONA/USDT交易,具體詳情如下:
開放儲值:11月27日16:30(北京時間)
開放交易:11月27日18:00(北京時間)
開放提現:11月28日18:00(北京時間)
馬上交易> https://ascendex.com/zh-tw/cashtrade-spottrading/usdt/mona
Mona Arcane (MONA)幣種資料:https://ascendex.com/zh-tw/support/articles/114164
感謝您長期以來的支持與幫助!
頂峰AscendEX團隊
2024年11月27日
官方電報群:https://t.me/AscendEXTCN
27 Nov 2024, 13:39
親愛的用戶:
頂峰AscendEX將首發上線 just buy $1 worth of this coin ($1),開啟$1/USDT交易,具體詳情如下:
開放儲值:已開放
開放交易:11月27日17:30(北京時間)
開放提現:11月28日17:30(北京時間)
馬上交易>https://ascendex.com/zh-tw/cashtrade-spottrading/usdt/$1
just buy $1 worth of this coin ($1)幣種資料:https://ascendex.com/zh-tw/support/articles/114198
感謝您長期以來的支持與幫助!
頂峰AscendEX團隊
2024年11月27日
官方電報群:https://t.me/AscendEXTCN
親愛的用戶:. 頂峰AscendEX將首發上線 just buy $1 worth of this coin ($1),開啟$1/USDT交易,具體詳情如下:. 開放儲值:已開放. 開放交易:11月27日17:30(北京時間).
親愛的用戶:
頂峰AscendEX將首發上線 just buy $1 worth of this coin ($1),開啟$1/USDT交易,具體詳情如下:
開放儲值:已開放
開放交易:11月27日17:30(北京時間)
開放提現:11月28日17:30(北京時間)
馬上交易>https://ascendex.com/zh-tw/cashtrade-spottrading/usdt/$1
just buy $1 worth of this coin ($1)幣種資料:https://ascendex.com/zh-tw/support/articles/114198
感謝您長期以來的支持與幫助!
頂峰AscendEX團隊
2024年11月27日
官方電報群:https://t.me/AscendEXTCN
27 Nov 2024, 13:38
🔍 Explore the Blockchain Workflow:
1- Transaction Request: A user initiates a transaction.
2- Distribution: The transaction is sent to the network of nodes.
3- Validation: Nodes verify the transaction’s legitimacy.
4- Adding Blocks: The validated transaction is added to the blockchain.
⚡️Stay tuned for more.
#bahamut #blockchain
Explore the Blockchain Workflow:. 1- Transaction Request: A user initiates a transaction.
🔍 Explore the Blockchain Workflow:
1- Transaction Request: A user initiates a transaction.
2- Distribution: The transaction is sent to the network of nodes.
3- Validation: Nodes verify the transaction’s legitimacy.
4- Adding Blocks: The validated transaction is added to the blockchain.
⚡️Stay tuned for more.
#bahamut #blockchain
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56
27 Nov 2024, 13:36
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳:
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2). Summary.
VIP-400 [Arbitrum] Enable Venus Prime (stage 1/2)
Summary
If passed, following the Community post “Venus Prime Deployment Proposal for Arbitrum” and the associated snapshot, this VIP will:
- Enable claiming the Prime tokens on Arbitrum one. Eligible users will be able to claim their Prime tokens as soon as this VIP is executed
- Configure the Token Converters contracts, to automatically convert the protocol income allocated to Prime into the expected tokens
- Configure the distribution rules in the ProtocolShareReserve contract, following the percentages proposed by the community
Details
This Prime parameters are similar to the configuration on the Ethereum and BNB Chain:
- Markets:
- Core pool:
- USDT, USDC, WBTC
- Liquid Staked ETH
- WETH
- Minimum XVS to qualify: 1,000 XVS
- Maximum XVS cap: 100,000 XVS
- Number of days staking XVS to qualify: 90
- Limit to the number of Prime holders: 500 revocable tokens, 0 irrevocable tokens
- Alpha: 0.5 (staked XVS and borrowed/supplied amounts have the same weight calculating the Prime user score)
- Supply multiplier: 2 (for the 4 markets)
- Borrow multiplier: 4 (for the 4 markets)
Following the Tokenomics, 20% of the protocol reserves are allocated to Prime. This VIP configures the distribution rules in the ProtocolShareReserve contract to distribute this 20% among the Prime markets, considering the community proposal:
- USDT (Core pool): 25%
- USDC (Core pool): 25%
- WBTC (Core pool): 15%
- WETH (Liquid Staked ETH pool): 35%
No rewards are configured in this VIP. They have to be configured in the future, with a different VIP.
Additional details in VIP description.
Vote 🗳: https://app.venus.io/#/governance/proposal/400?chainId=56