Being the No.1 Lending Protocol on BNBChain, Venus has achieved a great reputation and loyalty from users. But did you know Venus is also deployed on Ethereum and Arbitrum? We would like to present you our article explaining how users can get even more yield with VenusPrime on ETH and ARB Network. Let’s dive into […]
Venus Protocol used to be fully reliant on the Chainlink price oracle for fetching prices. This dependence, while generally reliable, created a single point of failure. An erroneous or stale price could, without a secondary mechanism for validation, pose threats such as unwarranted liquidations or inflated borrowing. In light of these risks, Venus V4 introduced the […]
What Is DeFi Looping? You can lend or borrow crypto assets on a DeFi platform and earn crypto assets in exchange for supplying an asset. More complex strategies, however, can be used to increase yield output. One such yield-increasing technique is Looping. In DeFi, looping is the process of supplying and borrowing the same assets […]
Venus Protocol, the leading decentralized money market protocol, today announces the highly anticipated Venus Prime Boost on the Ethereum Mainnet. This expansion marks a significant milestone in Venus’s journey to bring its innovative lending and borrowing services to the heart of the DeFi ecosystem. Venus: Your Gateway to Decentralized Finance For those unfamiliar, Venus is […]
We’re thrilled to announce the winners of our recent meme contest celebrating Venus is on Arbitrum! We were blown away by the creativity and humor displayed by all participants. Your engagement and enthusiasm have made this campaign a resounding success! The contest was simple: create a meme featuring the Venus and Arbitrum logos, follow our […]
Should there be a rare occurrence of a UI outage or downtime, you can still interact with Venus IPFS website or with smart contracts using a blockchain explorer such as bscscan.com.The subsequent steps require a desktop browser, ideally Chrome, and the MetaMask plugin. 1. Approve Assets To deposit your assets into the vault, you must […]
In this post, we are excited to share the significant enhancements that have taken place in the Venus Protocol’s Vaults. With the introduction of VIP-127, Venus Protocol is improving the user experience while prioritizing transparency, accessibility, and community engagement. Let’s dive into the details and explore how these changes encourage participation while improving the user […]
Venus Protocol Has A New Plan To Ensure VAI Remains A USD pegged Stablecoin The world of decentralized finance (DeFi) is constantly evolving, with new protocols and strategies emerging to keep assets secure, offer new yield opportunities and empower investors. At the vanguard of this innovation is Venus Protocol, the first lending and borrowing platform […]
Venus Protocol is thrilled to unveil its latest rewards program: Venus Prime Token. This innovative initiative aims to incentivize user loyalty and drive growth within the protocol by offering enhanced yields. Venus Prime will initially be available for select crypto markets, including USDC, USDT, TUSD, DAI, BNB, BTC and ETH, allowing users to leverage this […]
In the rapidly evolving world of blockchain technology, ensuring the security and integrity of smart contracts is paramount. Recognizing this, Venus Protocol has demonstrated an unwavering commitment to security by engaging top-tier auditing firms in the crypto sector, such as CertiK, PeckShield, and Hacken, to conduct comprehensive security audits of their updated multi-oracle system. Venus […]
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