We're pleased to announce that $VUSD is now also listed on CoinMarketCap 👇 coinmarketcap.com/currencies/vir…

📢 OIP-41: Add VUSD Markets 🗳️ This OIP proposes to support and add VUSD markets on the Onyx Protocol’s money markets. ℹ️ More details & to vote see below: app.onyx.org/#/governance/p…

OIP-41 for adding VUSD markets to Onyx Protocol was passed with 100% for and 0 against. The OIP is now ready to queue. 👇 app.onyx.org/#/governance/p…

OIP-42: Add VUSD Market 2/2 is now live with just over 1 day remaining. You can vote on the OIP below 👇🗳️ app.onyx.org/#/governance/p…

OIP-43 to Increase the $XCN staking rate to ~30% APR, Add the Chainlink Price Oracle for VUSD-USDC and add Collateral Factor has now been executed. View the full OIP below 👇 app.onyx.org/#/governance/p…

There's still just over one hour to go before voting ends on OIP-44: Activate VUSD Lending & Rewards, participate in the future of Onyx Protocol and cast your vote below 👇🗳️ app.onyx.org/#/governance/p…

📢 OIP-45: Enable VUSD Rewards 🗳️ This OIP proposes to enable $VUSD suppliers and borrowers to earn $XCN liquidity rewards as previously approved. ℹ️ More details & to vote see below: app.onyx.org/#/governance/p…

$VUSD is an over-reserve backed stablecoin with all reserves visible onchain at etherscan.io/address/0xB7Ea… but with the compliance of a centralised stablecoin.

The VUSD team will have a post mortem for the unauthorised activity that occurred on the Onyx Protocol.

The Virtual USD $VUSD post mortem is now available. $VUSD remains unaffected by the recent incident with Onyx and is fully backed by reserves onchain. For more details see below: t.me/vusd/33

In order to verify reserves of VUSD, a cold wallet transaction of 0.092024 will be sent to SELF which represents the current month and year in approximately 5-10 minutes.

Proof of Reserves: etherscan.io/tx/0xc3ca67ccf…

VUSD does not have a Telegram group or Discord for security purposes. Please be aware of scammers attempting to mislead. The only official VUSD communication is through our contact form at VUSD.com or email via the pinned message on T.me/VUSD

$VUSD will be processing redemption requests recently received. There will be #VUSD burns & collateral redemption transfers. These are authorised transfers & will correlate to VUSD burns & institutional collateral transfers within 24 hours. VUSD will remain over-collateralized.

VUSD has blacklisted 3,299,656 $VUSD which will be removed from the total supply of VUSD which is now: 9,625,725. Onchain burns of the corresponding black list will occur at a later date on a function upgrade. Onchain reserves will be redeemed respectively.

VUSD will be converting collateral to yield earning USDC in order to ensure and streamline 1:1 redemptions for our approved institutional clients.

VUSD Project Announcement: t.me/vusd/41

VUSD continues onboarding new institutions and will process redemptions 1:1 as outlined in our terms and white paper. Institutions can email [email protected] for streamlined support. No changes have been made to VUSD's services or representations since inception. Thank you.

VUSD Project Update. See below: t.me/vusd/43

The VUSD smart contract is now paused and will remain paused indefinitely. Almost 100% of VUSD units were redeemed at a 1:1 ratio, with exclusions being unclaimed airdrops, blacklisted funds, & among others. Further queries can be directed to [email protected] until 31/12/24.