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

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

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

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

🔍 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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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