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!

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46
Samoyedcoin
SamoyedcoinSAMO #1669
Telegram
22 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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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
Venus DAI
Venus DAIvDAI #1067
Telegram
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