We are introducing a weekly housekeeping VIP format. Every week, we will share a community proposal detailing the VIPs to be executed for the week before the VIP is executed. This makes the VIP process for housekeeping matters more efficient. Critical VIPs and major changes to the protocol will still be made in standalone VIPs.
Here are the adjustments for this week’s VIP.
Venus Labs proposes the following changes to made this week:
1. [BNB Chain] Risk Parameters Adjustments (USDT, USDC)
Description:
Recommended by Chaos Labs in the Venus community forum publication Chaos Labs - USDT/USDC Interest Rate Model Update:
Action :
- USDT (Core pool):
- set Kink 1 at 84% (previously 80%)
- set Kink 2 at 92% (previously 90%)
- decrease the borrow rate (APR) at Kink 1 from 7% to 5.5%
- decrease the borrow rate (APR) at Kink 2 from 9% to 7.5%
- a maximum borrow rate of 40% at full utilization.
- USDC (Core pool):
- set Kink 1 at 84% (previously 80%)
- set Kink 2 at 92% (previously 90%)
- decrease the borrow rate (APR) at Kink 1 from 6.5% to 5.5%
- decrease the borrow rate (APR) at Kink 2 from 8.5% to 7.5%
- a maximum borrow rate of 40% at full utilization.
Complete analysis and details of these recommendations are available in the above publication.
2. Reintroduce Binance Oracle for XVS Pool with Updated Price Expiry
Description:
On Nov 30, 2025, users reported that some Venus markets were unavailable due to oracle pricing errors. Investigation revealed an issue with the Binance Oracle heartbeat for $XVS. The Venus team quickly hotfixed this by reverting the $XVS oracle setup to use Chainlink exclusively.
Action:
Add Binance oracle back to the XVS Pool Token, with adjusted price expiration time from 20 minutes to 24 hours.