XVS Coin: The Crypto Star Surging 49% on September 8, 2023
Venus (XVS) - A DeFi Marvel
On September 8, 2023, Venus (XVS) experienced a remarkable 49% surge, grabbing the crypto community's attention.
What is Venus (XVS)?
Venus isn't your typical crypto; it's a DeFi lending platform and synthetic stablecoin protocol born exclusively on the Binance Smart Chain (BSC).
Instant Borrowing and Lending!
Powered by Coinmarketcap's insights, Venus enables lightning-fast borrowing and lending, removing intermediaries. Borrowers get crypto-backed loans at minimal fees, while lenders reap rewards.
Built on Binance Smart Chain!
Venus calls Binance Smart Chain home, making XVS a BEP-20 token known for its speed and security.
Minting the VAI Stablecoin!
In Venus, you'll find VAI, a BEP-20 stablecoin pegged to the US dollar. Venus allows users to mint VAI using various supported cryptocurrencies as collateral.
XVS Token: The Governance Powerhouse
XVS holders shape Venus with proposals and votes, driving its democratic governance.
How Venus Works?
Venus simplifies borrowing and lending with user-friendly protocols, calculating loans based on collateral.
No Middlemen, No Hassle!
Borrowing crypto is hassle-free; deposit supported cryptocurrencies into Venus for transparent, low-fee transactions, no intermediaries needed.
Meet the Visionaries!
Venus is the brainchild of Joselito Lizarondo and the Swipe team, known for global crypto debit cards, now venturing into DeFi.
Venus (XVS): DeFi's Rising Star
Launched in 2020, Venus offers VAI stablecoin minting, collateralized loans, and rewards for asset suppliers. Notably, XVS coins weren't pre-mined, ensuring holder control.
