Created VIP-116. Proposal type: Normal. Proposer: Community Wallet. VIP-116 Risk Parameters Update 2023-05-09.
10 May 2023, 19:56
🔵 Created VIP-116
Proposal type: Normal
Proposer: Community Wallet
VIP-116 Risk Parameters Update 2023-05-09
Recommendations From Gauntlet
Summary
This VIP will perform the following actions:
- SXP: Decrease CF from 12.5% to 0%.
- TRX: Increase CF from 50% to 52.5%.
- XVS: Increase CF from 55% to 60% and raise supply cap from 1,000,000 to 1,500,000.
Gauntlet will provide separate recommendations for IR curves that will help fully deprecate SXP and TRXOLD.
Active until: 11.05.2023 19:53 UTC
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Same news in other sources
110 May 2023, 20:02
Market monitoring is part of Gauntlet’s Risk Management platform and services for the Venus protocol and community.
To increase accessibility and transparency to the community, Gauntlet has created a Telegram channel titled "[Venus Market Alerts from Gauntlet]" where market alerts will be provided. Anyone can join the channel. Gauntlet recognize that protocol stakeholders and users frequently check Telegram more than the forums, so they hope this channel streamlines communications.
Alerts will flag indicators, including pool utilization, large user positions, liquidation, and concentration risks. These alerts aim to proactively update the community on market developments that Gauntlet’s monitoring platform identifies. For example, market updates on events such as the recent USDC volatility may be provided in this channel.
For issues that are very sensitive to protocol security, Gauntlet will exercise caution and reserve judgment around sharing information broadly before the issue is resolved.
We encourage anyone interested in keeping updated on protocol health to subscribe to the channel.
👉🏻
Market monitoring is part of Gauntlet's Risk Management platform and services for the Venus protocol and community.
Market monitoring is part of Gauntlet’s Risk Management platform and services for the Venus protocol and community.
To increase accessibility and transparency to the community, Gauntlet has created a Telegram channel titled "[Venus Market Alerts from Gauntlet]" where market alerts will be provided. Anyone can join the channel. Gauntlet recognize that protocol stakeholders and users frequently check Telegram more than the forums, so they hope this channel streamlines communications.
Alerts will flag indicators, including pool utilization, large user positions, liquidation, and concentration risks. These alerts aim to proactively update the community on market developments that Gauntlet’s monitoring platform identifies. For example, market updates on events such as the recent USDC volatility may be provided in this channel.
For issues that are very sensitive to protocol security, Gauntlet will exercise caution and reserve judgment around sharing information broadly before the issue is resolved.
We encourage anyone interested in keeping updated on protocol health to subscribe to the channel.
👉🏻 https://t.me/venusmarketalertsgauntlet