بمناسبة ارتفاع سعر البيتكوين و الايثريوم. شارك مجموع جوائز 150,000 USDT. انضم الآن:.
09 May 2025, 17:55
🚀 بمناسبة ارتفاع سعر البيتكوين و الايثريوم! 🚀
🔥 شارك مجموع جوائز 150,000 USDT! 🔥
انضم الآن:
Same news in other sources
4509 May 2025, 18:08
Telegram has launched an NFT gift marketplace powered by the $TON blockchain. Users can now instantly buy gifts from others or list and sell their own.
⚖️Swap any crypto → @transact!
Telegram has launched an NFT gift marketplace powered by the $TON blockchain.
Telegram has launched an NFT gift marketplace powered by the $TON blockchain. Users can now instantly buy gifts from others or list and sell their own.
⚖️Swap any crypto → @transact!
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 18:06
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳:
VIP-493 [BNB Chain] New USD1 market. Summary.
VIP-493 [BNB Chain] New USD1 market
Summary
If passed, this VIP will add a market for USD1 to the Core pool on BNB Chain, following the Community proposal “[IDEA] Add Support USD1 on Venus” and the associated snapshot.
Risk parameters for USD1
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: USD1
- Borrow cap: 14,400,000 USD1
- Supply cap: 16,000,000 USD1
- Collateral factor: 0%
- Reserve factor: 25%
Bootstrap liquidity: 4,988 USD1 provided by the Venus Treasury (Vanguard Treasury should be refunded with 5,000 USDT, because they provided the bootstrap liquidity here)
Interest rate curve for the new market:
- kink: 80%
- base (yearly): 0%
- multiplier (yearly): 10%
- jump multiplier (yearly): 250%
Oracles configuration for USD1
The ResilientOracle deployed to BNB Chain is used for USD1, using the following configuration:
- Main oracle: RedStoneOracle
- Feed: 0x6A1c87d11dDe3D1d52c24f8EC59B91019f14170D
- Max stale period: 7 hours
- Pivot and fallback oracle: ChainlinkOracle
- Feed: 0xaD8b4e59A7f25B68945fAf0f3a3EAF027832FFB0
- Max staled period: 26 hours
- Bound validator:
- Upper bound: 1.01
- Lower bound: 0.99
Security and additional considerations in VIP description.
Vote here 🗳: https://app.venus.io/#/governance/proposal/493?chainId=56
09 May 2025, 17:57
COTI is poised to shake up global payments!
In a new interview with Block Fuel, COTI CEO Shahaf Bar-Geffen discusses why privacy is essential for CBDCs—transforming financial infrastructure, like the ECB's Digital Euro, into a secure, user-centric system 💫
🔗
COTI is poised to shake up global payments.
COTI is poised to shake up global payments!
In a new interview with Block Fuel, COTI CEO Shahaf Bar-Geffen discusses why privacy is essential for CBDCs—transforming financial infrastructure, like the ECB's Digital Euro, into a secure, user-centric system 💫
🔗 https://youtu.be/wb3XFEgrju0?feature=shared
09 May 2025, 17:56
اضافة العقد USDT-margined DOOD على KuCoin
👉https://www.kucoin.com/announcement/en-usdt-margined-dood-perpetual-contract-get-online-on-kucoin?utm_source=community_partner_ann
#Announcement
اضافة العقد USDT-margined DOOD على KuCoin. #Announcement.
اضافة العقد USDT-margined DOOD على KuCoin
👉https://www.kucoin.com/announcement/en-usdt-margined-dood-perpetual-contract-get-online-on-kucoin?utm_source=community_partner_ann
#Announcement