VIP-131: Add PancakeSwap integration for simple repay and supply using a different token. Summary.
23 Jun 2023, 17:13
VIP-131: Add PancakeSwap integration for simple repay and supply using a different token
Summary
If passed this VIP will perform the following actions:
Ownership of the new contract interacting with PancakeSwap to allow the supply and repay in Venus using a different token will be transferred to Governance
XVSStore admin will be transferred to Governance
Description
Proposed as a part of the Venus V4 Upgrade, we are making the supply and repayment processes easier in Venus, allowing users to use a token that differs from the underlying one. This is achieved by integrating PancakeSwap V2 to exchange these tokens for the required asset before initiating the supply or repay transactions.
In this VIP, the ownership of the developed contract will be transferred to Governance. After the execution of the VIP, the UI deployed at will be upgraded to support the new contract.
Finally, related to VIP-113, this VIP will transfer the control of the XVSStore contract (where the XVSVault rewards are held) to the Governance to allow for a more transparent and on-chain Governance process.
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