<100 subscribers
Venus Protocol is a decentralized finance (DeFi) platform on Binance Smart Chain. It allows users to supply crypto assets, earn interest, borrow others, and mint VAI, a stablecoin backed by collateral. The system is built on smart contracts, eliminating middlemen and offering full transparency.
Users deposit tokens such as BTC, ETH, or BNB and earn interest. These assets serve as collateral, allowing instant loans in other supported cryptocurrencies.
VAI is a USD-pegged stablecoin minted directly by users who deposit overcollateralized crypto. It offers liquidity without needing to sell holdings.
XVS is Venus Protocol’s native governance token. It allows users to vote on platform updates and proposals. This makes Venus Protocol fully community-driven.
Decentralized lending and borrowing
Mint VAI stablecoin with crypto collateral
Low transaction costs via Binance Smart Chain
Supports multiple tokens
Governance via XVS token
Visit Venus Protocol
Connect a wallet like MetaMask or Coinbase Wallet
Supply a supported asset
Enable it as collateral
Borrow other tokens or mint VAI
Repay to release your collateral
Passive income from lending
Non-custodial and decentralized
Fast and cheap transactions
Available on Binance
Community voting and governance
Risk of liquidation due to volatility
Requires understanding of DeFi mechanics
Relies on smart contract integrity
Venus was featured by Forbes as a significant player in decentralized lending. Its integration with tools like Coinbase Wallet and listing on Binance have made it accessible to users worldwide.
What is Venus Protocol?
A DeFi platform for lending, borrowing, and minting VAI using crypto.
How secure is Venus Protocol?
It uses audited smart contracts, but risks remain as in all DeFi systems.
What is VAI?
A stablecoin pegged to USD, backed by crypto collateral.
What assets does Venus support?
BTC, ETH, BNB, USDT, and more.
Which wallets are compatible?
MetaMask and Coinbase Wallet.
Is KYC needed?
No. Venus Protocol is permissionless and decentralized.
Venus Protocol offers a user-controlled, transparent platform to lend, borrow, and mint stablecoins. With strong integration, low fees, and no central control, it’s an ideal tool for users seeking practical access to decentralized finance.
Ask ChatGPT
Support dialog