Read SnapShot Issue 209 now:. NEXON's Web3 games to integrate Crypto. com Pay.
08 Jun 2025, 14:29
Read SnapShot Issue 209 now:
🎮 NEXON’s Web3 games to integrate Crypto.com Pay
🇰🇷 South Korea’s new president backs pro-crypto regulations
🏦 Canary Capital filed a CRO ETF with the SEC
🥇 Tether mints gold token, XAUt0
🇺🇸 Truth Social applies to list BTC ETF on NYSE
— and more
Same news in other sources
4208 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:41
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56
08 Jun 2025, 14:40
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł:
VIP-512 [Ethereum] Add tBTC market to the Core pool. Summary.
VIP-512 [Ethereum] Add tBTC market to the Core pool
Summary
If passed, this VIP will add a market for tBTC to the Core pool on Ethereum, following the Community proposal Proposal: List Threshold Network’s tBTC on Venus Core Pool (snapshot)
This VIP includes the fixed commands previously proposed in VIP-508, considering the new Oracle contract, with the new Cached Prices feature.
Description
Risk parameters for tBTC
Following Chaos Labs recommendations, the risk parameters for the new market are:
Underlying token: tBTC
- Borrow cap: 120 tBTC
- Supply cap: 60 tBTC
- Collateral factor: 75%
- Liquidation threshold: 78%
- Reserve factor: 25%
Bootstrap liquidity: 0.24 tBTC provided by the Threshold Network Treasury.
Interest rate curve for the new market:
- kink: 45%
- base (yearly): 0%
- multiplier (yearly): 15%
- jump multiplier (yearly): 300%
Oracles configuration for tBTC
The ResilientOracle deployed to Ethereum is used for tBTC, using under the hood the Chainlink price for BTC/USD (feed), following the Chaos Labs recommendations.
Security and additional considerations
We applied the following security procedures for this upgrade:
- VIP execution simulation: in a simulation environment, validating that the new market is properly added to the Core pool on Ethereum, with the right parameters and the expected bootstrap liquidity
- Deployment on testnet: the same market has been deployed to testnet, and used in the Venus Protocol testnet deployment
Vote here đź—ł: https://app.venus.io/#/governance/proposal/512?chainId=56