Attention GetKicks Fam. We are thrilled to announce the launch of the GetKicks DAO.

11 Feb 2023, 13:45
Attention GetKicks Fam! We are thrilled to announce the launch of the GetKicks DAO. This is a huge step for our community and a chance for all members to get involved in the decision making process 🫡🏼 With the GetKicks DAO, members now have the power to use their tokens to vote on important decisions regarding GetKicks. The first proposal is just around the corner and trust us, you don't want to miss out on this smokey opportunity to make your voice heard πŸ”₯ All members who have joined the guild and hold more than 1 $KICKS token will automatically receive the DAO member role within our Discord server. This grants you access to the DAO members channel where you can discuss everything regarding the DAO proposals and even propose new ones πŸ’¬ So, don't wait, join the GetKicks DAO today and help shape the future of our community 🀝🏼

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22
GetKicks
GetKicksKICKS #4822
Telegram
11 Feb 2023, 15:00
πŸ”₯GETKICKS MOVE 2 BURN PROPOSALπŸ”₯ This proposal, called 'The introduction of the Move to Burn Mechanic', is all about taking GetKicks to the next level and boosting its economy πŸš€ The proposal is about making every step taken by a user with the GetKicks app equal to the burning of 1 $KICKS token, until the determined threshold is reached. By doing this, the total supply will be decreased, which will in turn boost the game's economy πŸ”₯ And that's where you come in - as a DAO member, you get to decide what this threshold should be. How much % of the supply do you think we should sacrifice in total, 5%, 10% or even 20%? It's important to note that the part of the supply that will be used for the burning will come from the team tokens, so none of your tokens will be impacted 🀩 This is a big step for GetKicks and we're excited to see what our DAO members decide πŸ‘€ Link to the proposal: Don't miss out on this opportunity to have a say in the future of GetKicks. Cast your vote now and help determine the future of our community!
GETKICKS MOVE 2 BURN PROPOSAL.
πŸ”₯GETKICKS MOVE 2 BURN PROPOSALπŸ”₯ This proposal, called 'The introduction of the Move to Burn Mechanic', is all about taking GetKicks to the next level and boosting its economy πŸš€ The proposal is about making every step taken by a user with the GetKicks app equal to the burning of 1 $KICKS token, until the determined threshold is reached. By doing this, the total supply will be decreased, which will in turn boost the game's economy πŸ”₯ And that's where you come in - as a DAO member, you get to decide what this threshold should be. How much % of the supply do you think we should sacrifice in total, 5%, 10% or even 20%? It's important to note that the part of the supply that will be used for the burning will come from the team tokens, so none of your tokens will be impacted 🀩 This is a big step for GetKicks and we're excited to see what our DAO members decide πŸ‘€ Link to the proposal: https://snapshot.org/#/getkicksdao.eth/proposal/0x6531f92849af3a526ea95e1b7cc34b4871db6901873fd202e188a20c7886f303 Don't miss out on this opportunity to have a say in the future of GetKicks. Cast your vote now and help determine the future of our community!
GetKicks
GetKicksKICKS #4822
Telegram
11 Feb 2023, 15:00
πŸ”₯GETKICKS MOVE 2 BURN PROPOSALπŸ”₯ This proposal, called 'The introduction of the Move to Burn Mechanic', is all about taking GetKicks to the next level and boosting its economy πŸš€ The proposal is about making every step taken by a user with the GetKicks app equal to the burning of 1 $KICKS token, until the determined threshold is reached. By doing this, the total supply will be decreased, which will in turn boost the game's economy πŸ”₯ And that's where you come in - as a DAO member, you get to decide what this threshold should be. How much % of the supply do you think we should sacrifice in total, 5%, 10% or even 20%? It's important to note that the part of the supply that will be used for the burning will come from the team tokens, so none of your tokens will be impacted 🀩 This is a big step for GetKicks and we're excited to see what our DAO members decide πŸ‘€ Link to the proposal: Don't miss out on this opportunity to have a say in the future of GetKicks. Cast your vote now and help determine the future of our community!
GETKICKS MOVE 2 BURN PROPOSAL.
πŸ”₯GETKICKS MOVE 2 BURN PROPOSALπŸ”₯ This proposal, called 'The introduction of the Move to Burn Mechanic', is all about taking GetKicks to the next level and boosting its economy πŸš€ The proposal is about making every step taken by a user with the GetKicks app equal to the burning of 1 $KICKS token, until the determined threshold is reached. By doing this, the total supply will be decreased, which will in turn boost the game's economy πŸ”₯ And that's where you come in - as a DAO member, you get to decide what this threshold should be. How much % of the supply do you think we should sacrifice in total, 5%, 10% or even 20%? It's important to note that the part of the supply that will be used for the burning will come from the team tokens, so none of your tokens will be impacted 🀩 This is a big step for GetKicks and we're excited to see what our DAO members decide πŸ‘€ Link to the proposal: https://snapshot.org/#/getkicksdao.eth/proposal/0x6531f92849af3a526ea95e1b7cc34b4871db6901873fd202e188a20c7886f303 Don't miss out on this opportunity to have a say in the future of GetKicks. Cast your vote now and help determine the future of our community!
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
Venus LINK
Venus LINKvLINK #998
Telegram
11 Feb 2023, 14:00
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ»
VIP-92 IS LIVE. Active until: 12. 2023 13:59 UTC. Proposal type: Fasttrack. Proposer: 0xc44494….
πŸ”΅ VIP-92 IS LIVE Active until: 12.02.2023 13:59 UTC Proposal type: Fasttrack Proposer: 0xc44494… VIP-92 Update VAI Floating Rate Summary This Fast-track VIP proposal updates the floating rate for VAI, setting the new floating rate to (225%). Fast-track VIP is a new type of proposal on Venus. The timelock period is set to 6 hours for fast-track VIPs. Thus, this VIP will be voteable for 24 hours, and will be executable 6 hours after the voting is completed. Specifications VIP-92 comes as part of our previously announced plans to gradually increase and adjust the VAI Floating rate until the optimal settings are found. This proposal sets a higher floating rate for VAI stability fee in order to promote users repaying their VAI tokens loans. As previously stated, The stability fee needs to be higher when VAI trades below the target price of $1. The Quant Team suggested after analyzing the results of the last Floating Rate adjustment that we use a new Floating Rate of 225%. The current baseRate is 1%, so with a VAI price of $0.96, the stability fee will be: 1% + (1 - 0.96) * 225% = 10% (annual). Vote πŸ‘‰πŸ» https://app.venus.io/governance/proposal/92
GetKicks
GetKicksKICKS #4822
Telegram
11 Feb 2023, 13:45
Attention GetKicks Fam! We are thrilled to announce the launch of the GetKicks DAO. This is a huge step for our community and a chance for all members to get involved in the decision making process 🫡🏼 With the GetKicks DAO, members now have the power to use their tokens to vote on important decisions regarding GetKicks. The first proposal is just around the corner and trust us, you don't want to miss out on this smokey opportunity to make your voice heard πŸ”₯ All members who have joined the guild and hold more than 1 $KICKS token will automatically receive the DAO member role within our Discord server. This grants you access to the DAO members channel where you can discuss everything regarding the DAO proposals and even propose new ones πŸ’¬ So, don't wait, join the GetKicks DAO today and help shape the future of our community 🀝🏼
Attention GetKicks Fam. We are thrilled to announce the launch of the GetKicks DAO.
Attention GetKicks Fam! We are thrilled to announce the launch of the GetKicks DAO. This is a huge step for our community and a chance for all members to get involved in the decision making process 🫡🏼 With the GetKicks DAO, members now have the power to use their tokens to vote on important decisions regarding GetKicks. The first proposal is just around the corner and trust us, you don't want to miss out on this smokey opportunity to make your voice heard πŸ”₯ All members who have joined the guild and hold more than 1 $KICKS token will automatically receive the DAO member role within our Discord server. This grants you access to the DAO members channel where you can discuss everything regarding the DAO proposals and even propose new ones πŸ’¬ So, don't wait, join the GetKicks DAO today and help shape the future of our community 🀝🏼