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Following the successful implementation of VIP-408, users are now able to access Venus Protocol on @base, making
Venus
available now on 7 networks.
Read full announcement below:
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A new report on Venus Protocol was just published by @MessariCrypto, covering Q3 2024. Here are the highlights: • Bad debt was reduced by 83.5% to $879 • TVL steady at $2.19B (6th leader among lending protocols) • XVS Staking increased by 4.29% to 7.32M Click the link to read the full report:
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The snapshot for @SkyEcosystem 's proposal to add $sUSDS & $USDS to the Venus Ethereum Core Pool is live! We invite all $XVS holders to vote.
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Venus Protocol is officially expanding to @base, marking another milestone in the protocol's multi-chain strategy. VIP-408, which proposed deployment on @base, just passed the governance vote and users will be able to access Venus on Base on December 19th, 2024.
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New forum proposal: @SkyEcosystem is proposing to add sUSDS (Savings USDS) to Venus Core Pool on @ethereum. The community is invited to discuss the proposal on this market on the Venus forum: https://community.venus.io/t/susds-saving-usds-as-collateral-on-venus-protocol-ethereum-core-pool/4776
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Venus has seen an average daily user growth of 12% over the last 90 days, with 12,761 total active users during this period. Data from @DuneAnalytics #DeFi #Lending #Web3
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