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Venus
XVS

About Venus

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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