one wallet, will be increased again right ? Or this was just for 1 person ? :) Ridiculous situation, for a serious project.
Truly ridiculous! I think what should be done is to open it up for a period of time and maybe reduce the collateral factor for the safety and security of the protocol. This didn't work especially because some of us asked for increase above 100k that was published 😢😳
60% CF is low enough. Need more supply cap tho.
I don't think it was filled by just one wallet (I'll check to verify). The community requested an increase in supply cap, and the team did :)
You can check it, I know what I am saying. Community didnt request only 100k more supply cap. That was chaos labs. Sorry but its really ridiculous the thing we experience now.
These assets are carefully analyzed, and what's safe is what will be implemented. Chaoslabs previously couldn't recommend an increase in XVS supply cap because of low onchain liquidity. Given the user distribution, 100k increase is probably what they deem fit pending when there is a significant increase in onchain liquidity.
Then its shame that there is no enough liquidity for xvs which is the governance and prime token of venus protocol.
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