This proposal suggests that Venus Protocol adopts XVS as its primary treasury asset, similar to how Aave utilizes its native token within its treasury. This strategy aims to strengthen protocol alignment, enhance token utility, and increase long-term confidence in the Venus ecosystem.
Motivation
Currently, the Venus treasury holds a mix of assets. Converting the majority of these holdings into XVS, while retaining BNB for operational and strategic purposes, would create stronger alignment between the protocol’s success and the value of its native token.
By consolidating the treasury around XVS:
Governance becomes more directly tied to protocol growth.
XVS demand and utility increase.
Treasury management becomes more transparent and efficient.
Proposal Details
Designate XVS as the primary treasury asset.
Convert all non-essential treasury assets into XVS, excluding BNB (kept for gas and operational needs).
Define a clear conversion strategy to minimize market impact.
Expected Outcomes
Stronger ecosystem alignment and governance power.
Increased confidence in XVS as a core protocol asset.
Enhanced long-term sustainability of Venus Protocol.