This VIP is the continuation of VIP-68 in order for Venus Protocol to be able to withdraw the remaining reserves from the markets that couldn’t be included in VIP-68.

You can read the details about the Buyback & Burn and tokenomics distribution here: https://community.venus.io/t/vip-57-buyback-and-burn-and-tokenomics-distribution/2561

Please note that there is a slight change to this quarterly allocation in anticipation of the forthcoming V4 tokenomics that has received positive community feedback and with the aim of seeking the greatest impact for protocol revenue allocation.

You can read more about it here: Venus proposal: Suspend Q2 XVS Burn (snapshot.org)

We will be issuing a 3rd VIP proposal soon after this one to withdraw the funds received in our Treasury from the liquidation revenues.","forDescription":"I agree that Venus Protocol should proceed with the Buyback & Tokenomics Distribution","againstDescription":"I do not think that Venus Protocol should proceed with the Buyback & Tokenomics Distribution","abstainDescription":"I am indifferent to whether Venus Protocol proceeds with the Buyback & Tokenomics Distribution"}