VUSD (@vusd) 's Twitter Profile
VUSD

@vusd

Virtual USD $VUSD is a U.S. dollar based stablecoin backed by onchain and 24/7 verifiable reserves. #VUSD

ID: 1818756981781573632

linkhttps://vusd.com calendar_today31-07-2024 21:14:20

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Onyx (@onyxdao) 's Twitter Profile Photo

📢 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…

Onyx (@onyxdao) 's Twitter Profile Photo

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…

Onyx (@onyxdao) 's Twitter Profile Photo

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-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…
Onyx (@onyxdao) 's Twitter Profile Photo

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…

Onyx (@onyxdao) 's Twitter Profile Photo

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…

Onyx (@onyxdao) 's Twitter Profile Photo

📢 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 (@vusd) 's Twitter Profile Photo

$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.

$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.
VUSD (@vusd) 's Twitter Profile Photo

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

VUSD (@vusd) 's Twitter Profile Photo

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.

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.
VUSD (@vusd) 's Twitter Profile Photo

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 (@vusd) 's Twitter Profile Photo

$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 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 (@vusd) 's Twitter Profile Photo

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 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 (@vusd) 's Twitter Profile Photo

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

VUSD will be converting collateral to yield earning USDC in order to ensure and streamline 1:1 redemptions for our approved institutional clients.
VUSD (@vusd) 's Twitter Profile Photo

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 (@vusd) 's Twitter Profile Photo

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.