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Venus Reward Token is a mechanism designed to become an additional mining allocation for suppliers and borrowers of the Venus Agreement. The goal is to gradually reduce the inflation rate of XVS and include burning XVS throughout the process.
Venus Reward Token is a mechanism designed to become an additional mining allocation for suppliers and borrowers of the Venus Agreement. The goal is to gradually reduce the inflation rate of XVS and include burning XVS throughout the process.
Since XVS is the Governance token that controls the entire protocol, our goal is to reduce the total supply over time to make Governance more secure. As an alternative, we realize that the considerable APY benefits created by this protocol are important.
The core value of VRT is the reward point for using the protocol. There will be a vVRT market on Venus, so users can recombine their VRT and make/borrow money from it. The VRT allocation rate will be controlled by the "Venus Governance" module.