How OIS Is Securing DeFi: First month results and how to get started.
22 Oct 2024, 17:12
How OIS Is Securing DeFi: First month results and how to get started
One month into Oracle Integrity Staking (OIS), 181M PYTH tokens have been staked by over 15K participants, securing DeFi and earning 768K+ PYTH rewards.
Want to know how OIS is transforming DeFi and how you can start participate? Read on!
Same news in other sources
4522 Oct 2024, 17:33
Samoyedcoin x Dual Finance Staking Pool #3 Is Now Live 🥩🔥
The SamoDAO Top Dog Council (TDC) is happy to announce that the 3rd Dual Finance $SAMO Staking pool is now live for everyone, previously a SamoDAO Member exclusive opportunity!
The third Dual Finance Staking Pool has identical mechanics to the first one. If you are not a @SamoDAO Member and want to learn more about $SAMO Staking please head over to the samo-staking channel in Discord!
Pool 3 Details
- Lockup Period: 1 Month
- Subscription Period Ends: 12:00 UTC 31st October 2024
- Lockup Period Starts: Upon user staking their $SAMO
- Lockup Ends: 12:00 UTC 30th November 2024
- Lockup Ratio: 0.1
- Strike Price: 0.015 USDC/SAMO
- Staking Limit: 20,000,000 $SAMO
$SAMO Staking Details & Resources
-
- Discord.gg/SamoFamo
Stake $SAMO w/ Dual Finance:
-
Please do not hesitate to reach out with any questions in General or DAO Chat (please avoid any DMs and be weary of scammers.) Happy steaking, Famoooo! 🥩
-
Samoyedcoin x Dual Finance Staking Pool #3 Is Now Live.
Samoyedcoin x Dual Finance Staking Pool #3 Is Now Live 🥩🔥
The SamoDAO Top Dog Council (TDC) is happy to announce that the 3rd Dual Finance $SAMO Staking pool is now live for everyone, previously a SamoDAO Member exclusive opportunity!
The third Dual Finance Staking Pool has identical mechanics to the first one. If you are not a @SamoDAO Member and want to learn more about $SAMO Staking please head over to the samo-staking channel in Discord!
Pool 3 Details
- Lockup Period: 1 Month
- Subscription Period Ends: 12:00 UTC 31st October 2024
- Lockup Period Starts: Upon user staking their $SAMO
- Lockup Ends: 12:00 UTC 30th November 2024
- Lockup Ratio: 0.1
- Strike Price: 0.015 USDC/SAMO
- Staking Limit: 20,000,000 $SAMO
$SAMO Staking Details & Resources
- https://dual-finance.gitbook.io/dual-finance-documentation/faq/risks
- Discord.gg/SamoFamo
Stake $SAMO w/ Dual Finance:
- https://beta.dual.finance/pools?product=staking-options
Please do not hesitate to reach out with any questions in General or DAO Chat (please avoid any DMs and be weary of scammers.) Happy steaking, Famoooo! 🥩
- https://x.com/Samo_DAO/status/1848291786264863056
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:26
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳:
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool. Summary.
VIP-387 [BNB Chain] Add support for SolvBTC on Venus Core Pool
Summary
If passed, this VIP will add a new market for the SolvBTC token on Venus Core Pool.
Description
Risk parameters
Following Chaos Labs recommendations, the risk parameters for the new markets are:
- Underlying token: SolvBTC
- Borrow cap: 55 SolvBTC
- Supply cap: 100 SolvBTC
- Collateral factor: 75%
- Reserve factor: 20%
Bootstrap liquidity: 0.1572404 SolvBTC - provided by the SolvBTC project.
Interest rate curve for the new market:
- kink: 50%
- base (yearly): 0
- multiplier (yearly): 9%
- jump multiplier (yearly): 200%
Oracle configuration:
- Main oracle: RedStoneOracle
- Feed: 0xF5F641fF3c7E39876A76e77E84041C300DFa4550
Security and additional considerations
No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Deployed contracts
- Mainnet SolvBTC market (vSolvBTC): 0x3e6d2c5b235070DAD569Bc40689C589db286F445
- Testnet SolvBTC market (vSolvBTC): 0xA38110ae4451A86ab754695057d5B5a9BEAd0387
References
- VIP simulation
- Testnet deployment
- Snapshot “[BNB Chain] Add support for the SolvBTC market on Venus Core Pool”
- Documentation
Vote 🗳: https://app.venus.io/#/governance/proposal/387?chainId=56
22 Oct 2024, 17:19
telegram news 22 October 2024 17:19
22 Oct 2024, 17:14
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Yield farming opportunities often go unnoticed, like this wstETH pool from.
Yield farming opportunities often go unnoticed, like this wstETH pool from
LidoFinance on the Strike Protocol, which is currently offering a highly competitive distribution rate of 12.8%. Despite this, many farmers are not noticing. This is a great opportunity for those looking to earn multiple rewards, leveraging the benefits from both LidoFinance and @StrikeFinance
Weekly yield highlights like this would ensure such opportunities aren't missed, making it easier for farmers to maximize their returns..
Turn on your X notifications.
Like and retweet:
https://x.com/StrikeFinance/status/1848773107869241487