Venus will host an AMA at X on January 17
On January 17 at 13:00 UTC, Venus will host a Q&A session in X with the participation of the THENA project team. The discussion will focus on the prospects for the development of decentralized finance (DeFi) on BNB Chain and opBNB. The team will also share information about upcoming releases.
You can find more detailed information in the official XVS tweet
Venus Protocol is a decentralized financial lending protocol on BNB Chain created by the Swipe development team. The protocol provides a bridge between traditional finance and DeFi, bypassing the problems unique to Ethereum.
Users can borrow and lend cryptocurrency thanks to an overcollateralized collateral mechanism. Venus also allows the creation of stablecoins (VAI) based on position collateral. A distinctive feature is the ability to use collateral for both borrowing and issuing stablecoins without the need to withdraw assets.
XVS (BEP-20 standard) is the governance token of the Venus Protocol, which gives its holders the right to vote on key issues in the development of the protocol.
