https://twitter.com/ankrstaking/status/1753444207971451221?t=8huqiGkQp9WtvvucIKiC6w&s=19

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56

VIP-248 Token converter: deployment stage 2/2 Summary If passed, this VIP will enable the Token Converter contracts. Specifically this VIP would: - Configure available conversions, considering every underlying token currently available in Venus, and the tokenomics rules - Link the Automatic Income Allocation system with the converters, allowing anyone to send the market reserves from the ProtocolShareReserve contract to the converters. This is done via the distribution rules configured in the ProtocolShareReserve contract - Upgrade the implementation of the ProtocolShareReserve contract, to allow income distribution using percentages with two decimals - Upgrade the implementation of the RiskFund contract, to make it compatible with the RiskFundConverter contract - Authorize fast-track and critical timelocks to execute privilege functions in the converter related contracts After executing this VIP, anyone (token converters are permissionless) will be able to convert the Venus reserves. The contracts enforce it following the protocol tokenomics. Description This VIP is part of the proposal Automatic Income Allocation & Token Converter, published in the Venus community forum. Specifically, this VIP is related to the Token Converter subsystem. This VIP is the follow-up of the VIP-245 Token converter: deployment stage 1/2. Token converters are permissionless: they allow anyone to convert the available tokens in the converters for the required tokens according to the Venus tokenomics. Additional details in VIP description. Vote 👉🏻 https://app.venus.io/#/governance/proposal/248?chainId=56