VIP-364 [BNB Chain] XVS Emissions Adjustments Summary Following the previous community forum

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VIP-364 [BNB Chain] XVS Emissions Adjustments Summary Following the previous community forum

proposal and following snapshot vote, this proposal adjusts the XVS emissions on the BNB Chain following an in-depth analysis of market TVL proportions and the current emission weights relative to the total market APYs. The proposed emission adjustments are detailed in the Forum Proposal.

XVS Market Emissions

The Venus Community has been advocating for several months for the XVS Market on the Core pool to be lightly Incentivized. In doing so, the XVS Market on the core pool can offer additional advantages for both the Venus protocol and its community as well as increased XVS Utility and Demand while slightly offsetting the borrow interests paid by XVS suppliers borrowing funds against these. It’s also a way to thank the XVS holders for their continuous support.

🗳 Vote https://app.venus.io/#/governance/proposal/364?chainId=56

#blockchain #cryptocurrency #english #venus

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12.09.2024