$XVS XVS Why can't it rise? What should be changed?
1. Current issue: XVS is useless, no one is buying
1. Binance users do not need to hold XVS to enjoy high USDT savings APR
→ A large number of users enjoy the interest rate but do not participate in the XVS economic system at all.
2. XVS has not become a 'necessity'
→ Using the Venus protocol, or even Binance savings, does not require purchasing XVS, it is merely a source of token rewards that everyone takes and sells immediately.
3. Staking has 8%, but its attractiveness is insufficient
→ There are no lock-up incentives, no platform profit sharing, and no inflation control mechanism, making it 'dispensable'.
4. Platform growth is decoupled from token price
→ Venus TVL has grown, but the token price has not risen because users do not need to buy or lock up XVS.
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2. Core issue in one sentence:
"The high USDT APR within Binance has not made XVS a necessary condition, which is the key reason why XVS cannot rise."
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3. What should be changed? Specific suggestions:
1. Binance App savings APR should be linked to XVS staking
• Not holding XVS = low APR (e.g., 2%)
• Staking XVS to unlock medium to high APR (5%~10%)
2. Introduce an 'XVS usage rights' model
• Want to save 10,000 USDT? You must lock 200 XVS
• Want to enjoy top interest rates? Holding and staking is the ticket
3. Platform profits used to buy back XVS
• A portion of the savings interest is used to buy back and burn coins, providing value support for the token
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4. Conclusion:
XVS needs to transform from a 'passive reward token' to a 'interest pass + governance certificate'
Otherwise, no matter how much TVL or how many savings users there are, it will have nothing to do with the XVS token price!