The "Build with eERC" Bounty winners have been announced by Team1. Congratulations to all who participated.
13 Jun 2025, 17:46
The "Build with eERC" Bounty winners have been announced by Team1 🔺👇
Congratulations to all who participated.
Same news in other sources
5913 Jun 2025, 18:25
🖼 #TON Top Telegram Sticker Collections by Total Primary Sales
The total market cap of Telegram stickers reached $26M. In comparison, Telegram Gifts have a market cap nearly 8x higher — $202M.
#TON Top Telegram Sticker Collections by Total Primary Sales. The total market cap of Telegram stickers reached $26M.
🖼 #TON Top Telegram Sticker Collections by Total Primary Sales
The total market cap of Telegram stickers reached $26M. In comparison, Telegram Gifts have a market cap nearly 8x higher — $202M.
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386
13 Jun 2025, 18:14
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳:
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn. Background.
New Snapshot Vote: BNB Afterburn – Allocating 25% of Venus BNB Chain Revenue to BNB Burn.
Background
Venus is the flagship lending protocol on BNB Chain, driving deep, secure markets for BNB and generating significant protocol revenue. Over 90% of Venus’s income comes from BNB Chain activity, with nearly $6 million (approximately 9,900 BNB) earned in 2024.
Summary
This proposal seeks to allocate 25% of BNB Chain revenue, previously earmarked for the Venus Treasury, to a transparent, on-chain BNB burn program.
The BNB Afterburn proposal transforms Venus into a transparent, protocol-funded engine for BNB deflation. This initiative aligns the long-term interests of both BNB and XVS holders by dedicating recurring revenue to a permanent reduction in BNB supply. The result is enhanced scarcity, increased borrowing activity, and strengthened strategic positioning for Venus on BNB Chain.
Looking ahead, the Vanguard Team will also publish and propose a new XVS Vesting & Burning mechanism, a companion initiative designed to streamline token vesting schedules and introduce a targeted XVS burn mechanism.
Full details on V5.1 will be published soon, further reinforcing our commitment to disciplined tokenomics and long-term value creation for XVS holders.
Vote here 🗳: https://snapshot.box/#/s:venus-xvs.eth/proposal/0xb8f03ad2dd2988a6d2e89a1adbebc52c7a62b284ea493008752c71b7f00b3386