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VenusProtocol
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Venus
has achieved a 30% growth in monthly active users over the past 90 days, increasing from 9.9K to 13K.
Data from @tokenterminal
#Defi #Lending #MAU
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🧵 LBTC ( @Lombard_Finance Bitcoin) is now live in Venus Core Pool. LBTC is a Bitcoin LST on @Ethereum that enables BTC holders to participate in DeFi while maintaining exposure to Bitcoin. To access the market, go to http://app.venus.io
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Venus has had a 6-month average revenue efficiency of 36% and 160% higher than two of the top five lending protocols by TVL. This metric is calculated by dividing protocol revenue by TVL, indicating revenue generated for every $1 of TVL. Data from @Tokenterminal #Venus #DeFi #Lending
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A new proposal was posted on the Venus community forum by @GMX_IO This proposal aims to add gmETH - an ETH/USDC LP token of GMX V2 - to Venus Core Pool on @arbitrum Venus users and community members are welcome to join the discussion around this proposal:
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Join Venus, @lista_dao, @Tranchess, @BNBCHAIN and @AstherusHub in this X space with @BNBxyz Tune in now to listen:
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🧵Weekly Governance Update at Venus Protocol 🧵 Venus Protocol is run by decentralized governance, where members propose and vote on changes to the platform. Here’s a look at the latest governance decisions and proposals:
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