Welcome to The Arsenal, Emily Fox.
11 Jan 2024, 14:20
Welcome to The Arsenal, Emily Fox ✍️
Same news in other sources
1911 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57
11 Jan 2024, 14:35
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻
New Snapshot Vote. Proposal: Support wstETH as collateral on Venus on ETH Mainnet. Summary.
New Snapshot Vote
Proposal: Support wstETH as collateral on Venus on ETH Mainnet
Summary
A proposal was published on the Community Forum to add support for both stETH and wstETH but due to stETH being a rebasing token, that could increase the complexity and it would require a deep analysis to check implications on liquidations, rewards, etc and further delay deployment.
For this reason, we are proposing to add support for Lido’s wstETH market only at this time on ETH mainnet.
Rationale
wstETH is a well-established and widely recognized token in the decentralized finance (DeFi) ecosystem.
wstETH is a wrapped version of stETH. It’s more composable with DeFi protocols.
Motivations
By integrating wstETH into its markets, Venus Protocol would allow its users to earn lending APY on their staked ETH holdings, loop yield vs ETH and borrow other assets like stables for their daily operations. Furthermore, supporting these tokens would also enhance Venus Protocol’s overall liquidity and trading volume.
Conclusion
Adding support for wstETH tokens on Venus Protocol would provide users with access to a wider range of investment opportunities, enable them to earn lending APYs on top of staking rewards on Ethereum, and enhance the liquidity and trading volume on the platform.
Vote 👉🏻 https://snapshot.org/#/venus-xvs.eth/proposal/0x916287d70579c96b9d592eb534f2f1537f7f604d9026e8d5a913fb187e4ced57