VIP-303 Risk Parameters Adjustments (USDT, weETH, XVS, FDUSD) This VIP will

Question

VIP-303 Risk Parameters Adjustments (USDT, weETH, XVS, FDUSD) This VIP will

perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 05/07/24.

BNB Chain

- XVS (Core pool)
- Increase supply cap, from 1.75M to 1.85M XVS
- FDUSD (Core pool)
- Increase supply cap, from 40M to 45M FDUSD
- Increase borrow cap, from 34M to 40M FDUSD
- USDT (GameFi)
- Increase supply cap, from 2M to 3M USDT
- Increase borrow cap, from 1.9M to 2.8M USDT

Ethereum

- weETH (Liquid Staked ETH pool)
- Increase borrow cap, from 750 to 1.5K weETH

Complete analysis and details of these recommendations are available in the above publication.

VIP simulation: https://github.com/VenusProtocol/vips/pull/278

Disclaimer for Ethereum VIPs

Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are deployed. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected.

Vote 🗳 https://app.venus.io/#/governance/proposal/303?chainId=56