Venus is a BSC-based lending platform offering stablecoins and crypto loans using collateral and governance via XVS.
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Venus operates as a decentralized marketplace connecting lenders and borrowers. It describes itself as a platform for money markets and synthetic stablecoins. Built on Binance Smart Chain (BSC), Venus offers a comprehensive lending and credit system and facilitates the creation of synthetic stablecoins. The platform aims to bring traditional finance features into decentralized protocols, providing users with a secure lending environment. All assets on Venus are BEP20 tokens. Key features include the ability to supply collateral, earn interest, borrow funds, and mint stablecoins. XVS is the platform's native governance token, earned through Binance LaunchPool or liquidity provision. Inspired by protocols like Compound and MakerDAO, Venus allows rapid borrowing of stablecoins and other crypt...
As of now, Venus is trading at 6.003 USD, with a 24-hour trading volume of approximately 162.22K USD. The XVS to USD price is updated in real time. Over the past 24 hours, Venus has increased by 0.99%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 99.47M USD. Currently, there are 16 570 106.022322 XVS in circulation out of a maximum supply of 30 000 000 XVS.
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