Odaily Planet Daily News According to the voting page, the DeFi lending protocol Venus Protocol's proposal VIP-15 on the quarterly repurchase and fund allocation of XVS has been voted through. According to the proposal, the total reserve income of Venus Protocol in the first quarter of 2023 is: US$1,672,206.28. According to the token economic model, 20% will be sent to Binance for repurchase, that is, US$334,441.26, and 80% will be sent to the protocol treasury, that is, US$1,337,765.02; in addition, the total liquidation income in the first quarter of 2023 is US$507,951.00, and 26% will be sent to Binance for repurchase, that is, US$132,067.26 (in the form of USDT), so the total amount sent to Binance for repurchase in the first quarter of 2023 is US$466,508.52.