VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56

VIP-222 Add support for FDUSD on Venus Core Pool Summary If passed, this VIP will add a new market for the FDUSD token on Venus Core Pool. Moreover, it will transfer 10,000 USDT to the Community wallet to compensate for the provision of the bootstrap liquidity for the market. Description Following Chaos Labs recommendations, the risk parameters for the new markets are: - Underlying token: FDUSD - Borrow cap: 4,400,000 FDUSD - Supply cap: 5,500,000 FDUSD - Collateral factor: 75% - Reserve factor: 10% Bootstrap liquidity: 10,000 FDUSD - provided by the Venus Treasury. XVS Distributions: - 5 XVS/day for suppliers - 5 XVS/day for borrowers Interest rate curve for the new market: - kink: 80% - base (yearly): 0 - multiplier (yearly): 6.875% - jump multiplier (yearly): 250% Oracle configuration: - Main oracle: Chainlink - Pivot oracle: Binance oracle - Bounds: [0.99, 1.01] Security and additional considerations No changes in the code are involved in this VIP. We applied the following security procedures for this upgrade: - VIP execution simulation: in a simulation environment, validating the new market is properly added to the core pool 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 Deployed contracts - Mainnet FDUSD market (vFDUSD): 0xC4eF4229FEc74Ccfe17B2bdeF7715fAC740BA0ba - Testnet FDUSD market (vFDUSD): 0xF06e662a00796c122AaAE935EC4F0Be3F74f5636 References - VIP simulation - Testnet deployment - Documentation Vote 👉🏻 https://app.venus.io/#/governance/proposal/222?chainId=56