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
4622 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