Venus Protocol
Money market and synthetic stablecoin (VAI) on BNB Chain
About
Venus Protocol is one of the largest lending and borrowing money markets, originating on BNB Chain and now multichain. Beyond supplying and borrowing assets including USDC, USDT and FDUSD, Venus issues VAI, an overcollateralized decentralized stablecoin minted against deposited collateral. It operates isolated pools and a core pool governed by the XVS token.
Stablecoins
Key products
Chains
- Founded
- 2020
- Stage
- Token (XVS)
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