📊 Major Asset Classes Performance In April As shown in the chart, Bitcoin outperformed both Gold and the S&P 500 in April, despite a significant decline at the beginning of the month. The correlation between #BTC and the S&P 500 remains strong. In fact, the S&P 500 only slightly outpaced Bitcoin, suggesting that BTC closely tracks the index’s dynamics. The takeaway is clear and optimistic: Bitcoin mirrors the S&P 500's movements, but with higher alpha.

https://x.com/KrakenDesktop/status/1919701173155627358?t=2PYLRWcqOH_XOYEgAu_NCA&s=19

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56

VIP-491 [Ethereum][BNB Chain] Prime Adjustment - Q2 2025 If passed, this VIP will perform the following actions following the Community proposals Prime Adjustment Proposal - Q2 2025 [ETH Mainnet] and Prime Adjustment Proposal - Q2 2025 [BNB Chain], and the associated snapshots (here and here): - Ethereum: set the prime distribution speed for WBTC to 0.00000001 WBTC per block (the minimum amount defined in WBTC) - BNB Chain: withdraw the following amounts from the Venus Treasury to the PrimeLiquidityProvider contract (where Prime rewards are stored), consuming $60,000 from the Prime budget: - 33,000 USDT (55% of $60K) - 18,000 USDC (30% of $60K) - 3.33 ETH ($6,000, 10% of $60K, assuming an ETH price of $1,800) - 0.03 BTCB ($3,000, 5% of $60K, assuming a BTCB price of $97,000) The distributions of the $60K from the Prime budget follow the rules defined in the community proposal Prime Adjustment Proposal - Q2 2025 [BNB Chain]. After this VIP, the Prime budget is $225,080. References - VIP-472 [Ethereum][BNB Chain] Prime Adjustment Proposal - Q2 2025 - VIP simulation - Tokenomics Vote here 🗳: https://app.venus.io/#/governance/proposal/491?chainId=56