This VIP is the continuation of VIP-69 in order for Venus Protocol to be able to withdraw liquidation incomes from Venus Treasury that couldn’t be included in the previous VIP due to the amounts of transactions required.

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 V3 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)

This is the last VIP for this quarterly fund allocation.","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"}