Registrations for the Solana Radar Hackathon by Colosseum are officially open.

22 Aug 2024, 16:05
Registrations for the Solana Radar Hackathon by Colosseum are officially open! Compete for 600k in prizes in crypto's largest startup competition from September 2nd to October 8th, 2024:

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80
23 Aug 2024, 16:18
🚨 Exciting News for the QIE Community! 🚨 Bitcoin has long been hailed as the "digital gold" of our time—a reliable store of value and a hedge against economic instability. But as the digital landscape evolves, Bitcoin’s limitations become clear. It excels as a currency, but its capabilities are narrowly defined. This is where QIE takes center stage. QIE is not just another cryptocurrency; it’s a global, decentralized computer that unlocks the true potential of blockchain technology. While Bitcoin is confined to peer-to-peer transactions, QIE offers a platform where developers can build, deploy, and scale decentralized applications (dApps) without relying on centralized intermediaries. Here’s why QIE stands out: šŸ” Security & Resilience: QIE’s decentralized architecture ensures that data and applications are distributed across a global network, protecting them from hacking, data breaches, and single points of failure. šŸ¤– Smart Contracts: QIE seamlessly integrates smart contracts, automating complex processes and eliminating the need for trusted third parties. This ensures transparency, efficiency, and trust in every transaction. šŸš€ A New Era of Innovation: QIE empowers developers and enterprises to innovate without fear of centralization or vulnerability, providing a secure, scalable, and decentralized environment for the next generation of applications. In a world where digital assets are reshaping industries, QIE is not just a currency—it’s the foundation for the decentralized future. Whether you’re a developer, an investor, or just curious about the next big thing in blockchain, QIE is the key to unlocking new possibilities. Like and retweet: 🌐 Discover more at [www.qie.digital] šŸ“ŗ Watch our video to see QIE in action: (https://www.youtube.com/watch?v=MrvynKhAdDY) Join us in building the future of the decentralized internet with QIE!
Exciting News for the QIE Community.
🚨 Exciting News for the QIE Community! 🚨 Bitcoin has long been hailed as the "digital gold" of our time—a reliable store of value and a hedge against economic instability. But as the digital landscape evolves, Bitcoin’s limitations become clear. It excels as a currency, but its capabilities are narrowly defined. This is where QIE takes center stage. QIE is not just another cryptocurrency; it’s a global, decentralized computer that unlocks the true potential of blockchain technology. While Bitcoin is confined to peer-to-peer transactions, QIE offers a platform where developers can build, deploy, and scale decentralized applications (dApps) without relying on centralized intermediaries. Here’s why QIE stands out: šŸ” Security & Resilience: QIE’s decentralized architecture ensures that data and applications are distributed across a global network, protecting them from hacking, data breaches, and single points of failure. šŸ¤– Smart Contracts: QIE seamlessly integrates smart contracts, automating complex processes and eliminating the need for trusted third parties. This ensures transparency, efficiency, and trust in every transaction. šŸš€ A New Era of Innovation: QIE empowers developers and enterprises to innovate without fear of centralization or vulnerability, providing a secure, scalable, and decentralized environment for the next generation of applications. In a world where digital assets are reshaping industries, QIE is not just a currency—it’s the foundation for the decentralized future. Whether you’re a developer, an investor, or just curious about the next big thing in blockchain, QIE is the key to unlocking new possibilities. https://medium.com/coinmonks/the-evolution-of-digital-assets-bitcoin-as-digital-gold-and-qie-as-the-future-of-decentralized-b151e22bd010 Like and retweet: https://x.com/qiblockchain/status/1827016853727945146 🌐 Discover more at [www.qie.digital] šŸ“ŗ Watch our video to see QIE in action: (https://www.youtube.com/watch?v=MrvynKhAdDY) Join us in building the future of the decentralized internet with QIE!
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56
Venus DAI
Venus DAIvDAI #1067
Telegram
23 Aug 2024, 16:13
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool. Summary.
VIP-355 [Ethereum] New weETHs market in the Liquid Staked ETH pool Summary If passed, following the Community proposal ā€œSupport weETHs collateral on Venus on ETH Mainnetā€ and the associated snapshot, this VIP adds a market for weETHs (ether.fi) into the Liquid Staked ETH pool on Ethereum. Risk parameters Following Chaos Labs recommendations, the risk parameters for the new market are: Underlying token: weETHs - Borrow cap: 0 - Supply cap: 180 - Collateral factor: 80% - Liquidation threshold: 85% - Reserve factor: 25% Bootstrap liquidity: 10 weETHs - provided by ether.fi. Interest rate curve for the new market: - kink: 45% - base (yearly): 0% - multiplier (yearly): 9% - jump multiplier (yearly): 75% Oracles configuration The ResilientOracle deployed to Ethereum is used for weETHs, with the following configuration. The new WeETHAccountantOracle is used to get the USD price of weETHs, first getting the conversion rate weETHs/WETH from the Accountant contract, managed by ether.fi, and then getting the USD price using the Chainlink price feed for ETH/USD. - MAIN oracle - Contract: WeETHAccountantOracle - CORRELATED_TOKEN: weETHs - UNDERLYING_TOKEN: WETH - ACCOUNTANT: 0xbe16605B22a7faCEf247363312121670DFe5afBE Additional details in VIP description. Vote šŸ—³ https://app.venus.io/#/governance/proposal/355?chainId=56