It would be nice if we changed the view of investors on XVS. I mean the XVS hodlers in the vault should have VIP features available. We know that new UI is coming and it should include any features as liquidation calculator and we can also add liquidation warnings via telegram message and lottery and more tools as VIP primary for XVS vault users.
I personaly like idea to reduce Risk fund by 3%. 1% use for social media contest to build actively and quickly reach of our messages… 1% would be used for the lottery and 1% for charity.
Version1 - I know that lottery competitions are very popular and i also know that there was a lot of suggestions about it from community because they want to copy successful steps of other projects. It occurred to me to think about lottery based on venus protocol activity for users who supplied or borrowed something and would be qualified by it for the daily or weekly prizes. (It could be in a separate section where users would see if they are qualified and also the results and history of the lottery)
Version2 - is that it can be only VIP benefit for XVS vault stakers and because we need a VIP to withdraw the reserves so we can accumulate rewards in 1 quarter and these rewards distrubute in the next quarter so it can be included in 1 VIP together with buyback and burns etc. We can also use a lot of modification of it with locked periods of XVS etc.
If we will use 1% (can be a little bit more ofcourse) of protocol reserves (i mean protocol profits) where we had like $3.180.000 for Q1 so 1% = $31.800 / ±90days = $353.33/day = $2,473.31 avg. weekly prize pool.
-People love possibilities to get money for free so there can be tons of positive messages and stories
-Possible increase in TVL and liquidity
-Much greater reach of our messages on social media
-Larger volume on Venus protocol
-Larger volume and more transactions etc. on BNB chain (CZ can be happy about that :D)
-More vault users = more staked XVS = less XVS in circulation with others benefits
If we will talk about Charity it would be nice to have 1 designated person or team who would take care of it. It means he would choose individuals or organizations that would be suitable for a Donate from us and are able to accept the crypto. We could help people and this activity could get us more attention and many more users in the longer term.
About social media we need to be more active we need to use funds to promote our business and our name and brand! We need a designated person who will actively take care of the twitter account and communicate on it! This is one of the things I miss a lot here.
Last thing is about vTokens. We need as soon as possible usecases for vTokens to be able to work with them and primary be albe to use them to leverage capital and rewards.
I will be happy for your opinions.