Dear Venus Community,
Everything is in progress. We are still focusing on the testing and improvement of Vault, and the work of VAI and VRT is also advancing simultaneously.
Progress
Venus Vault
After auditing and testing, we are repairing and optimizing some problems at the current code. The XVS Vault will launch in October, but the specific time is yet to be notified. Please wait for our latest notification. For more information, you can follow our Github, our code work has been very active.
VAI
VAI’s Minting has been suspended, its price is gradually returning to 1$, and the stability fee is under development.
VRT
The function/dApp for converting VRT for XVS is under development.
Venus infrastructure
Our operations team has started work on improving Venus’s infrastructure to make it more secure, scalable, and resilient.
DefireX stuck funds recovery
This week we will make a proposal to release DefireX stuck funds.
BD
We have met a lot of exciting new partners, and cooperation with them will broaden the use of VAI. The specific details will be announced after everything is confirmed and finalized.
Venus key data this week. （Week38）
| Venus Metrics | Data | WoW |
|---|---|---|
| Average Total Liquidity | 3.28B$ | -8.17% |
| Average Total Borrows | 1.12B$ | -10.2% |
| Average Available Liquidity | 2.16B$ | -4.1% |
| Average Utilisation | 35.23% | 4.4% |