vUSD
  • Introduction
    • What is vUSD?
  • Inside vUSD
    • Minting and Redeeming
    • Theory of Operation
    • Treasury Maintenance
    • Future Directions
  • Tokenomics
    • Governance
  • Resources
    • Contracts and Addresses
    • Official Links
    • Brand Assets
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  • Governance
  • Use of Yield
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  1. Inside vUSD

Future Directions

Governance

  • VGOV token, to govern protocol decisions, compensated by protocol yield.

  • Increase use of ungoverned modules, reducing governor scope down to token whitelistings and keeper selection.

    • ProxyRouter module: governed whitelisting module, which then routes to ungoverned per-token yield modules that handle treasury management for a specific ERC20 asset.

  • Increase Keeper abilities to include (a) swapping Treasury assets from A to B, and (b) pushing excess yield to approved external addresses, such as a yield vault.

Use of Yield

  • Protocol-owned liquidity

    • A focus on stable+volatile, such as VUSD-ETH pairs, to encourage both reachability and variance in the spot DEX markets.

  • VGOV staking.

  • Marketing and growth initiatives.

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Last updated 6 months ago