Introduction Vanguard Vantage is excited to announce its new agreement with CryptoNotifyCentral. This collaboration will allow the Venus Community to use the DeFiNotifyBot for 24/7 real-time notifications on Telegram to constantly be informed of their leveraged positions on Venus. This feature is designed to help users avoid over-leveraged positions that might lead to liquidation if […]
Introduction In the dynamic world of DeFi, reliable price feeds are pivotal for the secure and effective functioning of protocols like Venus. The platform has expanded its integration with RedStone Oracles, marking a significant enhancement in ensuring the accuracy and resilience of its price feeds. The Vital Role of Accurate Price Feeds in DeFi Price […]
Introduction In traditional finance (TradFi), frontrunning involves brokers exploiting upcoming trades based on prior knowledge. This practice, while old in stock markets, takes a more complex form in decentralized finance (DeFi) due to the public nature of blockchain transactions. Platforms like Robinhood have been criticized for similar practices by selling customer transaction data to brokers […]
Introduction The decentralized finance (DeFi) space, especially on platforms like Venus Protocol, is ripe with opportunities for savvy traders. One such opportunity is arbitrage involving VAI, the stablecoin of the Venus Protocol. This article will explore the mechanics of VAI, its relationship with the Peg Stability Module (PSM), and how these elements create arbitrage opportunities. […]
OpenZeppelin conducted an audit of Venus Protocol’s Token Converter from September 11, 2023, to September 20, 2023. The audit honed in on the VenusProtocol/protocol-reserve repository, especially the ProtocolReserve and TokenConverter contracts. These contracts are pivotal for Venus Protocol as they manage the conversion of tokens to USDT or XVS before forwarding them to their respective […]
OpenZeppelin conducted an audit of Venus Prime from August 21, 2023, to September 13, 2023. The audit focused on the VenusProtocol/venus-protocol repository, particularly the Comptroller, Diamond, Tokens, and XVSVault contracts. These contracts are integral to Venus Prime as they are designed to reward its holders based on their staking activity and associated balance in the […]
OpenZeppelin conducted an audit of the Venus Protocol Diamond Comptroller from July 7, 2023, to July 28, 2023. The audit focused on the venus-protocol repository, particularly the Comptroller, ComptrollerStorage, Diamond, and various facets such as MarketFacet, PolicyFacet, RewardFacet, and SetterFacet. These contracts are pivotal to the Venus Protocol as they are responsible for managing markets […]
Introduction: Venus Protocol provides an avenue for users to perform liquidations in the DeFi marketplace. This functionality is not only crucial to the protocol’s health but also provides opportunities for liquidators to earn profits. In this article, we will outline the step-by-step process of performing liquidations in the Isolated Markets of Venus Protocol. Please note […]
We would like to share an important announcement from Binance that might be of interest to our Venus Community members. In their ongoing efforts to expand the ETH staking ecosystem, Binance has introduced a new feature that allows users to convert their BETH (Binance Ethereum) holdings to WBETH (Wrapped Ethereum) at a 1:1 ratio on […]
OpenZeppelin conducted an audit of Venus Protocol’s SwapRouter took place from May 15th to June 1st, 2023. The scope of the audit encompassed several contracts in the VenusProtocol/venus-protocol repository, including SwapRouter.sol, RouterHelper.sol, IRouterHelper.sol, IVBNB.sol, IVtoken.sol, and others. Venus SwapRouter is an adaptation of the PancakeSwap V2 PancakeRouter, broadening user interactions by integrating Venus markets. This […]
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