may . it mentions about Venus grant program to use 1.2 m XVS to cover the shortfall of BTC/ETH. did that happen already or part of the recent grants program ?
This has been scrapped. Only 300K XVS where sold and the remaining shortfall will be paid off as per our new Tokenomics. We didn't want to put more sell pressure on XVS. New products and Protocol income will cover that.
understand thank you. the account that borrowed BTC and got liquidated in that incident is still getting venus rewards.
Not for long. We will have this solved within a couple of weeks.
ok. thanks for the update.
What is the new tokenomics?
https://medium.com/venusprotocol/venus-tokenomics-proposal-final-version-cc9afb51bdb7
Has it passed or still a proposal? When does voting end of so?
It has passed a while ago. We are in the midst of implementation.
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