VenusProtocol😍
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THE ENTIRE BNB CHAIN ECO-SYSTEM IS BOOMING
With the anticipation of the return of CZ the $BNB ecosystem like $XVS $LISTA cake and more are seeing significant bullish trend
Those are all highly revenue generating tokens that live in the heart of BNB chain.
Personally I hold a huge bag of XVS and BNB and news like this make me pretty happy 🤗❤️
Let me know what you think about the news of CZ coming out soon in the comments 👇
Also don’t forget to like & follow, I will do my best to keep you updated with this crazy market 🙏🙈
#BinanceCoinBNB #VenusProtocol😍 #ListaDao #CZBİNANCE
With the anticipation of the return of CZ the $BNB ecosystem like $XVS $LISTA cake and more are seeing significant bullish trend
Those are all highly revenue generating tokens that live in the heart of BNB chain.
Personally I hold a huge bag of XVS and BNB and news like this make me pretty happy 🤗❤️
Let me know what you think about the news of CZ coming out soon in the comments 👇
Also don’t forget to like & follow, I will do my best to keep you updated with this crazy market 🙏🙈
#BinanceCoinBNB #VenusProtocol😍 #ListaDao #CZBİNANCE
Why I like Venus Protocol?
Do you know about one of the strong #Thena partner?
This is #VenusProtocol😍
Let's figure out together what it is❗
Venus Protocol is an algorithm-based money market system on #BNBChain⚡️ ,
ethereum and #opbnb .
It aims to allow users to lend and borrow cryptocurrency in a decentralized and secure way.
Anyone can use it by connecting crypto wallets.
Community controls the protocol by its native governance token $XVS ,
which can be staked in the Venus Protocol Vault to earn token rewards.
What is possible on VenusProtocol?
⚡Lending
⚡Borrowing
⚡Minting stablecoins
⚡Governance
LANDING: Users can lend and earn changing yield on the assets they supply by Venus Protocol.
BORROWING: Venus Protocol utilizes an over-collateralized loan system that requires borrowers to pledge collateral before borrowing.
MINTING STABLECOINS: Venus Protocol users can mint the stablecoin using remaining collateral from previous vToken deposits.
GOVERNANCE: Users can also influence the future of the Venus Protocol (adding new tokens, interest rates etc.) by voting with own governance token $XVS .
Advantages of VenusProtocol over others protocols:
❇️use of supplied collateral for minting stablecoins
❇️users can earn yield from minted tokens
❇️Venus Protocol’s synthetic stablecoins are backed by the basket of cryptocurrencies
❇️low-cost and fast transactions on BNBchain
This is #VenusProtocol😍
Let's figure out together what it is❗
Venus Protocol is an algorithm-based money market system on #BNBChain⚡️ ,
ethereum and #opbnb .
It aims to allow users to lend and borrow cryptocurrency in a decentralized and secure way.
Anyone can use it by connecting crypto wallets.
Community controls the protocol by its native governance token $XVS ,
which can be staked in the Venus Protocol Vault to earn token rewards.
What is possible on VenusProtocol?
⚡Lending
⚡Borrowing
⚡Minting stablecoins
⚡Governance
LANDING: Users can lend and earn changing yield on the assets they supply by Venus Protocol.
BORROWING: Venus Protocol utilizes an over-collateralized loan system that requires borrowers to pledge collateral before borrowing.
MINTING STABLECOINS: Venus Protocol users can mint the stablecoin using remaining collateral from previous vToken deposits.
GOVERNANCE: Users can also influence the future of the Venus Protocol (adding new tokens, interest rates etc.) by voting with own governance token $XVS .
Advantages of VenusProtocol over others protocols:
❇️use of supplied collateral for minting stablecoins
❇️users can earn yield from minted tokens
❇️Venus Protocol’s synthetic stablecoins are backed by the basket of cryptocurrencies
❇️low-cost and fast transactions on BNBchain
