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Black-Panther

On Aug 19th, Final version of tokenomics was announced with

the following points,

1. XVS will be the core token of Venus, assumes the governance function of the protocol, and will capture the primary value of the protocol.
2. Build a Venus Vault: The Vault has multiple functions such as risk guarantee, voting governance, income distribution and rewards distribution, ensuring that the XVS holders’ benefits and responsibilities are equal.
3. Protocol income distribution: The income will be divided into multiple shares, including risk funds, buyback and burn XVS, vault staking rewards and Venus operations expenses, etc.
4. VRT can be deposited in the VRT vault to obtain rewards, or it can be exchanged for XVS at a fixed rate. The above two functions will be available for a period of 12 months, after which VRT will no longer play a role in the Venus ecosystem.
5. Expand income sources: adjust the distribution ratio of the existing liquidation incentive, part of which will be used as Venus’s income.

After 4 months we just have vault, without voting gov, income distribution etc. Venus is crucial part of BSC, and BSC TVL is going down while other chains Luna, Solana, Avax eating up BSC lunch..

Why everything is delayed with XVS? Its loss not only for XVS for the BSC ecosystem.

#blockchain #cryptocurrency #english #venus
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1 ответов

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Z..z-

Agree

0
08.12.2021

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