ATTENTION ORCHESTRATORS ‼️ In order to add Supernova to NoM, all orchestrators MUST update. Unless there is a majority with the new version, the bridge will not sign. An upgrade script can be found here: https://forum.hypercore.one/t/how-to-upgrade-an-orchestrator-with-hard-reset/273 Or upgrade directly through: https://github.com/HyperCore-Team/orchestrator/releases/tag/v0.0.9-alphanet Please reach out to me or @ZeroX3639 if you are running an orchestrator and would like to join the coordination channel.

🔴 Now Streaming: Building on Tezos X with Javascript This week, we're thrilled to dive deep with jstz on Tezos: 'jstz' (pronounced 'Justice') is the next step in the evolution towards Tezos X: a Smart Rollup powered by JavaScript 🌟 Our special guest is none other than Beata Lipska, the Developer Advocate of Trilitech and one of the key architects behind jstz. 🔍 In this episode, we'll explore: What is jstz? - Why JavaScript on Tezos could be the next big leap for blockchain adoption. Beata's Insight: - Hear firsthand from Beata about the challenges of blockchain development and how jstz aims to lower the entry barriers for developers worldwide. The Vision of Tezos X: - How jstz fits into Tezos' ambitious roadmap towards interoperability, composability, and enhanced performance. 🖥 Stream: YouTube | X

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56

VIP-353 [Ethereum] Risk Parameters Adjustments (WETH) This VIP will perform the following Risk Parameter actions as per Chaos Labs’ latest recommendations in this Venus community forum publication: Chaos Labs - Risk Parameter Updates - 08/02/24. - WETH (Liquid Staked ETH): - Reduce Collateral Factor, from 90% to 0% - Increase Kink, from 80% to 90% - Increase Multiplier, from 3.5% to 4.5% - Increase Reserve Factor, from 15% to 25% Complete analysis and details of these recommendations are available in the above publication. Please note that reducing the collateral factor to 0% will not cause current borrowers to be liquidated as the liquidation threshold will not be modified. References - VIP simulation Disclaimer for Ethereum VIPs Privilege commands on Ethereum will be executed by the Guardian wallet, until the Multichain Governance contracts are fully enabled. If this VIP passes, this multisig transaction will be executed. Otherwise, it will be rejected. Vote 🗳 https://app.venus.io/#/governance/proposal/353?chainId=56