Executed

{"version":"v2","title":"VIP-76 XVS Quarterly Buyback and Funds Allocation","description":"VIP-76 relates to the Quarterly Venus Protocol XVS Buyback & Funds allocation as indicated in our Tokenomics.


Proposal ID

76

Proposed

Oct 14th, 2022

Result details
Final Votes

Quorum

1.07M of 0

Majority support

Yes

For

1.07M

Against

4.9K

Abstain

0

Actions

Type

Address

Details

Custom

0xF322...35E9

withdrawTreasuryBEP20(..)

Custom

Account

0xF322...35E9

Method

withdrawTreasuryBEP20(..)

Custom

0xF322...35E9

withdrawTreasuryBEP20(..)

Custom

Account

0xF322...35E9

Method

withdrawTreasuryBEP20(..)

Custom

0xF322...35E9

withdrawTreasuryBEP20(..)

Custom

Account

0xF322...35E9

Method

withdrawTreasuryBEP20(..)

Custom

0xF322...35E9

withdrawTreasuryBEP20(..)

Custom

Account

0xF322...35E9

Method

withdrawTreasuryBEP20(..)

Proposal

You can read the latest details about the Buyback & Burn and tokenomics distribution here: Venus proposal: Venus Tokenomics Upgrade v3.0 Proposal (snapshot.org)

Please note that there is a slight change to this quarterly allocation in anticipation of the forthcoming V3 tokenomics launch that has received positive community feedback and with the aim of seeking the greatest impact for protocol revenue allocation.

This VIP proposal is the final one of three required to also withdraw the protocol revenues generated by the Liquidations on Venus.","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"}

Final Votes

Quorum

1.07M of 0

Majority support

Yes

For

1.07M

Against

4.9K

Abstain

0

Final Votes
Status

Fri Oct 14, 01:03 pm

Published onchain

Mon Aug 14, 02:20 pm

Voting period started

Tue Aug 15, 02:20 pm

Voting period ended

Sat Oct 15, 05:10 pm

Proposal queued

Mon Oct 17, 06:08 pm

Proposal executed