GM Mainnet 😎 | VenusProtocol on Binance Square

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GM Mainnet 😎

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VIP-363 is up for community voting, proposing the addition of a new Liquid Staked $ETH market on @arbitrum 💫 This proposal introduces a Liquid Staked $ETH pool including markets for $WETH, $wstETH, and $weETH. The proposed risk parameters are aligned with @chaos_labs recommendations. We encourage the community to participate in the voting process. Read the proposal below 👇

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$XVS has maintained an 11-week Holder retention rate of over 50% since June 24, 2024, indicating more users are holding rather than selling. Data from @Cookie3_com #VenusProtocol #XVS #DeFi #VenusPrime

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🧵Weekly Governance Update at Venus Protocol 🧵 Venus Protocol is a decentralized autonomous organization (DAO) where community members propose and vote on changes to the platform. Here’s a look at the latest governance decisions and proposals:

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As @taskonxyz turns two, Venus is a part of a larger campaign with over 60 other partners 💫 Come celebrate with @VenusProtocol on Arbitrum: https://taskon.xyz/cmuser/VenusProtocol/sprint/603316988

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Since rewards began, Prime users on #ETH Mainnet have seen a 23% increase in supply, reaching $13M, and a 7% rise in borrows to $6M. $XVS staked also increased by 25%, from 664K to 828K. Data from @DuneAnalytics ℹ️ https://t.co/DWKAN5yYup #VenusProtocol #DeFi #ETHMainnet #Ethereum

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