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      Vai(VAI) Prime on Ethereum

      02 July 2024 UTC Реліз

      Venus v5 revelation on the horizon

      Venus Protocol is excited to announce Venus Prime, a revolutionary incentive program aimed to bolster user engagement and growth within the protocol. An integral part of Venus Tokenomics v3.1, Venus Prime aims to enhance rewards and promote $XVS staking, focusing on markets including USDT, USDC, BTC and ETH.

      Venus Prime Essentials

      Venus Prime's uniqueness lies in its self-sustaining rewards system, instead of external sources, rewards are derived from the protocol's revenue, fostering a sustainable and ever-growing program.

      Eligible $XVS holders will receive a unique, non-transferable Soulbound Token, which boosts rewards across selected markets.

      Prime Tokens:

      Venus Prime encourages user commitment through two unique Prime Tokens:

      Revocable Prime Token:

      • Users need to stake at least 1,000 XVS for 90 days in a row.
      • After these 90 days, users can mint their Prime Token.
      • If a user decides to withdraw XVS and their balance falls below 1000, their Prime Token will be automatically revoked.
      • The limit to the number of revocable Prime tokens is 500 on BNB chain. It can be changed with a VIP.

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