Honoured to be partnering and supporting @HackReFi on this exciting initiative as we count down towards #COP28 in #UAE.

30 Oct 2023, 12:38
Honoured to be partnering and supporting @HackReFi on this exciting initiative as we count down towards #COP28 in #UAE πŸ‡¦πŸ‡ͺ

Same news in other sources

19
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193
Venus LINK
Venus LINKvLINK #959
Telegram
30 Oct 2023, 12:53
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ»
VIP-193 Automatic income allocation: deployment stage 2 - Core pool. Summary.
VIP-193 Automatic income allocation: deployment stage 2 - Core pool Summary If passed, this VIP will upgrade the implementation of every market in the Core pool - except vTRXOLD and vTUSDOLD (already upgraded at VIP-192), vBNB (non upgradable), vLUNA and vUST (deprecated) - enabling the Automatic Income Allocation in those markets. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. It’s part of the deployment plan started with the VIP-189 and continued with VIP-191. The new implementation pushes market reserves of the affected markets automatically to the ProtocolShareReserve contract after 28,800 blocks (24 hours on BNB chain). These reserves are distributed following the protocol tokenomics: - 40% to the RiskFund contract - 40% to the Venus Treasury contract - 10% to the Venus Prime Program. This 10% will be sent temporarily to the Venus Treasury, until the Venus Prime contract is ready. - 10% for the XVS Vault rewards. This 10% will be sent temporarily to the Venus Treasury, until the Token Converter contracts are ready. There will be one more VIP for this second stage of the Automatic Income Allocation deployment, proposed in the following days. In that VIP, the markets of the Isolated pools will be upgraded to enable the Automatic Income Allocation. Security and additional considerations We applied the following security procedures for this upgrade: - Markets behavior post upgrade: in a simulation environment, validating in the upgraded contracts the main operations (supply, borrow, repay and redeem) and the storage layout after the VIP - Automatic reduction of the reserves: in a simulation environment, validating the market reserves are sent as expected to the ProtocolShareReserve - Deployment on testnet: the same VIP was proposed and executed on testnet, and the upgraded contracts are used in the Venus Protocol testnet deployment - Audit: Quantstamp, Certik, Peckshield and Fairyproof have audited the deployed code Additional Details and Vote πŸ‘‰πŸ» https://app.venus.io/#/governance/proposal/193