$DAI and $BUSD markets now live on vires.finance!

New proposal: Migrate all USDT and USDC > 1M to separate markets

Voting starts in 24 hrs: https://vires.finance/governance/vote/79bHxcWzkVRrshpRGw4t9bspmei1dmciDUKWvVYjjdZb

VIP 24.2: Markets Reset: Pre-voting discussion
Blog post | Forum thread

Read the blogpost and join the discussion on the updated version of the proposal aimed to leave the liquidity crunch behind!

New proposal: (VIP - 24.3) Optional vested conversion to USDN for > 250k

Voting starts in 24 hrs: https://vires.finance/governance/vote/5c5raFMitbqA9jkaCbiQKdNwa1uBNB15DYjvyRsFZyT5

❗️Voting started for: (VIP - 24.3) Optional vested conversion to USDN for > 250k
https://vires.finance/governance/vote/5c5raFMitbqA9jkaCbiQKdNwa1uBNB15DYjvyRsFZyT5

⏰ Scheduled Maintenance Announcement

❗️ Attention users! VIP-26 Optional vested conversion to USDN for > 250k proposal voting has passed! 🟢

To make sure the changes take place correctly, the system maintenance is scheduled for tomorrow, Jul 29, 2022, 06:30 am UTC. During the maintenance period, most operations(deposits, borrows, etc) will not be abailable. The expected maintenance period is 3-4 hours. Consider securing your position in terms of your account health before the start of the maintenance period.

VIP-26 complete!

Most operations(deposit, withdraw, claim revenue, etc) are available.

Some actions like borrows and operations with LP tokens(import, export, redeem) for USDT and USDC and withdrawal of / conversion of legacy deposits to USDN will be resumed later.

The Vires APY stakers program will be implemented starting next week and will run for 2 months(60 days).

🟢 USDN Vesting is now live and gVires Rewards Distribution has begun!

💎Lenders - All accounts over $250k can now choose USDN +5% and start their vesting period.

🎁 gVires holders - You'll be receiving up to 180% APY through the revenue system for the next 2 months (enjoy 💰💰💰) No action needed, it's crypto helicopter money 🚁💸

Vires Full Reset: Pre-voting discussion
Blog post | Forum thread

Read the blogpost and join the discussion on the new the proposal aimed to offer a solution for all lenders!

🟢 We hear you, as always, your passion about the project is amazing! Join us tomorrow for AMA with Sasha Ivanov - Thursday 1st of September - 12pm UTC!

New proposal: (VIP-028) Reduce max interest and add repayment in USDN option for all depositors of USDT and USDC

Voting starts in 24 hrs: https://vires.finance/governance/vote/C6jQsnCDpgxXAdroSnhheqeq5ersGrqxyrwEqwJCD4Rj

🟢The VIP-028, focused on Repayment in USDN Option for Depositors successfully passed! The option is now accessible through the vires.finance web interface.

Thank you to the community for your continued support. Next, we'll be publishing more detailed roadmap for discussion with community. The top priority would be providing comprehesive solution for the still locked liquidity, as well as addressing LP tokens and accounts with outstanding borrows.

New proposal: (VIP-029) Unlock USDC and USDT LP Tokens

Voting starts in 24 hrs: https://vires.finance/governance/vote/CPz1MQrCadKgLRKp352AN9q4TZzsLLtqfpY2fnAGv3a6

Vires Finance Plan — Discussion Piece
Blog post | Forum thread

Read the blogpost and join the discussion on the Vires Strategic Plan going forward!

🟢$SURF withdrawals for Vested USDN are now live!

Any user with vested USDN can now choose to exchange the converted part into $SURF immediately.
Find out more here: https://medium.com/@viresfinance/vested-usdn-withdraw-now-using-surf-token-c7ad1b49697e

New proposal: (VIP-030) Start new USDT and USDC markets, Stake all vested USDN

Voting starts in 24 hrs: https://vires.finance/governance/vote/64kiDiyEtJNGtidU11AjEa5KNSYvsR2ARQcugVBzFgVe

🟢Following VIP-30, Vested USDN is skaked and currently earns 7.5% APY. The rewards are accounted several times a day and can be claimed right through vires.finance interface!

🟢Adaptive vesting is here!
We know you've been waiting for it, finally a decentralized system to vest USDN is now live. You can already claim up to your daily limit.
Here's how it works: ▶️ https://medium.com/@viresfinance/usdn-adaptive-vesting-how-it-works-5f63e5a3e700

New proposal: (VIP-031) Restrict Alameda's address activity within Vires Protocol

Voting starts in 24 hrs: https://vires.finance/governance/vote/GT6WmGtjb9ts7SeeQvemqnLv7qbcQEmG8WptMcqXc6ds

🟢Vested USDN can now be exported into tokenized form: 1 Vested USDN can be 1:1 converted to a free-circulating token VVUSDNLP(id: 8KEtor9aSsSj38MknyAE7k1uRThHY9prAXgiE4D7WpyL ).

⚠️The import and redeem mechanics is not available yet and will require a certain minimal amount (no less than 100K VVUSDNLP).