Venus: Decentralized lending, borrowing, stablecoins on Binance Smart Chain.
Venus is a BSC-based lending platform offering stablecoins and crypto loans using collateral and governance via XVS.
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What is Venus (XVS)?
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...
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Venus price live information
As of now, Venus is trading at 5.772 USD, with a 24-hour trading volume of approximately 248.33K USD. The XVS to USD price is updated in real time. Over the past 24 hours, Venus has decreased by 2.63%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 95.64M 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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