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Venus Reward Token is a mechanism designed to provide additional mining rewards to suppliers and borrowers of Venus Protocol. Its purpose is to gradually decrease the inflation rate of XVS and also involve burning XVS tokens in the process. As XVS is the Governance token that governs the entire protocol, the aim is to reduce the total supply over time to enhance the security of Governance. However, we understand the importance of maintaining a lucrative APY yield generated by the protocol. VRT will have a total supply of 30 billion tokens and will be distributed to users over a 4-year period, while the distribution of XVS is planned to double to approximately 8 years to complement these reductions. Please note that all of this is subject to Governance changes and on-chain proposals.
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