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Venus Reward Token is a mechanism designed to be an additional mining allocation for suppliers and borrowers of the Venus Protocol. The goal is to gradually reduce the inflation rate of XVS and include burning XVS along the way.
Venus Reward Token is a mechanism designed to be an additional mining allocation for suppliers and borrowers of the Venus Protocol. The goal is to gradually reduce the inflation rate of XVS and include burning XVS along the way.
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. Instead, we realize that the decent APY gains that the protocol creates are important.
The core value of VRT is the reward points for using the protocol. There will be a vVRT marketplace on Venus, so users can repurpose their VRTs and earn/borrow money. The VRT distribution rate will be controlled by the "Venus Governance" module.