Following the successful implementation of VIP-408, users ar

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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Gm, this is your friendly reminder Venus is live on @base. 🌐 https://app.venus.io/#/?chainId=8453

🧵 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:

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:

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.

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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