What stops people from borrowing on multiple different wallets and supplying the XVS to another…
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取消ⅩVS借用是非常正确的，不仅能使投票公平，而且可以避免因借用进行去交易所做空。还有一点应增加VXvs的投票许可，因为他们从本质上也是XVS持有者，只是因为添加了供应，我们应该鼓励。
So this is being deployed yet?
I don’t understand why one proposal would increase sxp rewards 10x while reducing xvs rewards more than half. Binance owns all the sxp, and sxp has nothing to do with xvs. So giving more rewards to sxp holders incentivses selling. Also binance owns all the sxp coins so your essentially giving more governance to binance by letting them stake free coins. I don’t agree with this at all.
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How come the proposal made was not in the accordance to the discussion in the forum? According to the proposal and agreed by all the community, the % rewards are changed and new XVS borrowing % is 0 but then upon implementation now the APY is 233%? Are we wishing for a massive dump?
We need to really flag this!!!
Expecting that there are whales holding massive amounts of XVS, then they can just sell the XVS rewards and create a snow ball into a massive dump. Furthermore, we also run the risk of not implementing beneficial changes to the protocol according to the community discussion as whales will be gaining significant market share and decline any changes that goes against their interest!!!
We don´t want to become centralized. This is a topic that is already being talked outside of the forum, so in the benefit of the community to be rectified ASAP.
Hey mate. You are right 100%. I don’t think that the VIP-8 proposal has been executed (settings applied) yet. It’s still showing as Queued and will be available to be executed from tonight at 7.27pm.
Why do we take so long to tackle the XVS borrower’s 223% APY issue?
Hi Daniel, I hope that´s the case otherwise is a very bad sign - as it is still not fixed. I´m grateful for the work done so far and of course all of us are taking some good profit but if the wrong message is sent to the community, fast the FUD will come.
Honestly, I think a bit of FUD is needed to cut off the money supply. Venus Protocol has been corrupted, and the community needs to correct this asap so as to limit risk exposure to new investors.
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Or maybe the ‘community’ is the problem
Hi guys!
Is it any explanationg why the proposal that just got accepted if totally different from what It’s been showing the table from the original post in this thread ?
I dont get why borrowing the governance token should give 240%… it’s absurd and look like a scam from the outside. I’m really interested in the project but this one thing make me want to wait at the moment…
We need to push for code changing so that 100% of reward can be distributed to XVS supply. It does need a cap & there should be no incentive to borrow XVS.
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Things like this happen when the platform isn’t really decentralized. Just know what you are getting yourself into. Going up against binance is a losing battle…
All right guys, Should we start a new topic to bring the attention to this? that we want 0% borrow APY on XVS? This cannot continue, at least without being discussed correctly.
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I agree. Let´s create a new topic just focused on the XVS borrow APY. If it get´s no attention from moderators then up to everyone to decide how they wish to proceed with their holdings.
For the sake of the new topic I encourage everyone to comment or express their concerns in there.
I will post the link to this topic after the creation of it.
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If people think any mod has a say 
as you can see by what was implemented compared to what the community discussed we don’t.
Just enjoy the profits and sit back and wait for vXVS voting, until that point not much can be done.
I just find it incredible that none of the users who initiated this discussion can explain the merit behind the current XVS borrow rate.
Adding ADA to the stack, the 1000/1 airdrop and the new ambassador program all seem to be ploys to burn incoming investors.
And no one seems to care… classic cartel conduct.
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Just look to sxp to see how greedy binance is…
Hi @Dekaanra , I thought you would be part of the development team as mod - as most seem to be.
In any case, good to hear that you as the author of the original proposal, are not part of the final decision to deceive the community.
The radio silence is worrying and even though I´m taking a great profit, I´m close to be done with the it. Such behavior is not good for the ecosystem… maybe in the short term…
Are the changes accepted? I see that the VAI staking reward is now 2,299. 99 as in the table.
What do I need to do to get 40% for holding XVS? Does it need to be transferred to the Supply Market? Or just keep it in your wallet and don’t touch it?