The Venus Protocol has been designed to give platform users a decentralized and secure marketplace to take loans, earn interest, and mint synthetic stablecoins. The protocol runs entirely on the Binance Smart Chain, which removes current pain-points on the Ethereum blockchain in terms of congestion, lack of cross-chain compatible assets, and high transaction fees. These standards are coupled to give a scalable solution on a money market that will be completely controlled by the community through its governance token XVS. XVS is distributed via a fair-launch mechanism with no founder and team allocations, backed by an already well-funded organization and the team over at Swipe, a Binance portfolio company.
Venus will soon be listed on Digiassetindo on October 17th, 2022, the openings for deposit at 09.00 and trading at 14.00 WIB. Noted: Trading cryptocurrencies carries a very high risk as prices are subject to change at any time, please trade with extreme caution. Trade at Digiassetindo now!
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