Venus XVS VXVS
1. Summary
- Price
-
$0.12 -7.2%
- Market Cap
- $0.00 (#12188)
- Supply
- 0.00 / 42.52M
- Tags
- BNB Chain Ecosystem
- Description
-
Venus Protocol
Venus Protocol
Venus Protocol is a decentralized finance (DeFi) algorithmic money market protocol built exclusively on the BNB Chain. It aims to provide lending and borrowing services to users on the BNB Chain, competing with Ethereum-based Decentralized Finance applications.
Key Features
- Lending and Borrowing: Venus allows users to lend and borrow assets permissionlessly from a pool of digital assets, earning yield rewards in the process.
- Over-collateralized Loans: The protocol employs an over-collateralized loan process, requiring borrowers to pledge assets as collateral before borrowing.
- Synthetic Stablecoin Minting: Users can mint the synthetic stablecoin $VAI, pegged at $1.00, by supplying collateral to the protocol.
- Governance: Holders of the native token $XVS can vote on initiatives such as adding new assets for collateral, changing contract parameters, and more.
Background
Venus Protocol was launched in November 2020 on BNB Chain and has since become the largest lending and borrowing protocol on the chain. It has a strong community and governance, which drives its continuous improvement and evolution in decentralized finance.
| Price | |
| 52W High price | $0.35 |
| 52W High date | 1st Apr 2024 (1 year ago) |
| All Time High (ATH) Date | 10th May 2021 (4 years ago) |
| ATH Price | $2.94 |
| % From ATH | -94.13% |
| All Time Low (ATL) Date | 10th Jun 2023 (1 year ago) |
| ATL Price | $0.06 |
| % From ATL | 177.92% |
| Supply & Trading Volume | |
| Total Supply | 42.52M |
VXVS
How does Venus XVS's (VXVS) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-6.8%
VXVS
-
Similar Market Cap
60 Day Return
12.0%
VXVS
-
Similar Market Cap
1 Year Return
-28.9%
VXVS
-
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 0 |
|---|---|
| Active Reddit Users (past 24h) | 0 |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 14,862 |
| Twitter followers | 227,851 |
-
btcmanager.com/venus-protocol-extra-apy-and-revenue-share-xvs-holders-mission-venus-contes...
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://venus.io/ |
|---|---|
| Explorer | https://bscscan.com/token/0x151B1e2635A717bcDc836E... |
| @VenusProtocol |
What is the correct contract address for Venus XVS?
| Binance-smart-chain | 0x151b1e2635a717bcdc836ecd6fbb62b674fe3e1d |
|---|
Has Venus XVS been audited for security?
No security audits found for this project.
Are you the owner of Venus XVS? Edit it here
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