Rest well, Rangers. A new week of battles and glory awaits in the Phantom Galaxies.
05 Jan 2024, 15:59
Rest well, Rangers 🫡
A new week of battles and glory awaits in the Phantom Galaxies 🪐
Same news in other sources
1905 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56
05 Jan 2024, 16:14
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻
VIP-231 Quarterly XVS Buyback and Funds Allocation. Summary.
VIP-231 Quarterly XVS Buyback and Funds Allocation
Summary
VIP relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.
The total protocol revenues for this quarter were: $5,148,257. Based on the previous quarterly withdrawal, the BUSD reserve revenues for Q3 will also be considered, resulting in a total amount of $6,425,156.
Based on the protocol’s Tokenomics, the resulting buyback amount is $642,516.
If passed, this VIP will transfer 16 tokens, valued at $642,516, to Binance for the swap to XVS.
Details
Q4 Revenues Denominated in USD were as Follows:
Total Reserve Revenue: $4,365,571 (+$1,276,899)
Total Liquidation Revenue: $782,685.39
Total Protocol Revenues for Q4: $5,148,257
Total Protocol Revenues for Q4 including BUSD reserves from Q3: $6,425,156
*Considerations: These values consider token prices for Dec 31 2023, block number 34848729.*
Tokenomics Allocations
Revenues will be distributed based on the protocol's latest Tokenomics.
Allocations:
- Risk Fund: $2,648,331
- Treasury: $2,570,062
- XVS Buyback: $642,516
- Prime: $564,247
Total: $6,425,156
Total Buyback Amount: $642,516
Vote 👉🏻 https://app.venus.io/#/governance/proposal/231?chainId=56