Market-listing governance threshold
Venus Protocol's assessment for RD-F-072 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
New market listings require a Venus Improvement Proposal (VIP) vote via Governor Bravo on BSC — not permissionless. The Risk Stewards framework introduced (deployment parameters proposed February 27, 2026) enables automated supply/borrow cap adjustments within DAO-defined bounds without a full VIP for routine parameter changes, while retaining governance control for new listings and major parameter changes. This represents a moderately high governance threshold appropriate for a $1.26B protocol. The March 2026 THE incident occurred on a VIP-listed market, but this reflects oracle and liquidity risk in market selection rather than a listing governance failure per se.
Sources #
- DocsVenus Governance — VIP ProcessVenus docs v4 — Governance VIP process for market listingsretrieved 2026-04-28
- Risk Stewards Deployment Parameters — Venus GovernanceVenus Community — Risk Stewards deployment parameters (February 27, 2026)retrieved 2026-04-28
Methodology #
Classify the governance threshold required to list a new market as: permissionless / low-threshold (team multisig) / high-threshold (DAO vote) / no new listings.
See the full factor methodology and distribution across all protocols →