Venus (XVS)

Venus (XVS)

Rank #293

$5.02

2.96%

0.0002 BTC

XVS
USD

MARKET CAP

$71.656M

ALL TIME HIGH

$147.02

VOLUME 24H

$2.846M

CIRC. SUPPLY

14.273M

VOL/MCAP

4.00%

TOTAL SUPPLY

29.745M

DILUTED MCAP

$149.336M

MAX SUPPLY

29.745M

1H USD

0%

24H USD

2.96%

7D USD

16.05%

30D USD

27.92%

60D USD

22.18%

90D USD

7.37%

Tag:

defiyield-farmingbinance-launchpoollending-borowingView all

Venus Price Chart

24h Change

2.96 %

Venus - XVS Profiles

What is Venus?

Venus is designed to enable a complete crypto market protocol to work on top of Binance Smart Chain. The forked designs are based on Compound and MarkerDao, synchronized into the Venus platform, to merge the benefits of the two systems. The protocol works on Binance's wish to grow Venus (XVS) from a digital asset project into an entire independent and decentralized ecosystem.

This protocol introduces a cryptocurrency and asset lending solution for use in the decentralized financial ecosystem. It allows users to directly borrow collateral with fast speed and low cost.

In addition, Venus also helps users to withdraw VAI Stablecoin on demand in seconds if users register at least 200% collateral into Venus XVS Smart Contract.

The Venus XVS protocol is entirely within the control of the members of this community. Founders, team members as well as advisors are allocated any XVS Token

The problem that Venus solves

The development of DeFi, the decentralized financial market, has created a diverse ecosystem, built directly on Blockchains. The feature of Blockchain is transparent, verifiable through Smart Contract. The platform is redefining the structure of the currency market without any other third party involvement.

On the other hand, for the traditional market, users have to prove their income and other factors if they want to get a loan. The problem lies in the fact that “creditors” only allow physical assets instead of cryptocurrencies in the lending process.

Highlights of Venus?

  • Over-collateralized lending: Users can borrow assets worth 75% or less of the value of the property they are offered.
  • Make a profit: by providing that collateral for the protocol. 
  • Mint stablecoin VAI: VAI is a stablecoin on Venus priced at 1 USD. VAI is generated by the same collateral for the protocol, users can borrow 50% of the collateral from their Token to VAI.

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People

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Organizations

We found 2 organizations related to Venus has Venus, Binance

Venus Price Live Data

XVS Price

$5.02

Trading Volume

$2.85 M

All Time High

$147.02

1hour Change

-0.63%

24hours Change

2.96%

24hours Range

2.96%

24hours Low

$9.23

24hours High

$10.54

Liquidity ±2%

$0.00

Bids -2%

$0.00

Asks +2%

$0.00

Market Cap

$71.66 M

Fully Diluted Market Cap

149.34 M

Circulating Supply

14.27 M

Total Supply

29.75 M

Max Supply

29.75 M

Venus Markets

See All Market
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