What is XVS

I. Project Introduction
Venus is an algorithmic money market and synthetic stablecoin protocol launched exclusively on Binance Smart Chain (BSC).

The protocol introduces a simple-to-use crypto asset lending and borrowing solution to the decentralized finance (DeFi) ecosystem, enabling users to directly borrow against collateral at high speed while losing less to transaction fees. In addition, Venus allows users to mint VAI stablecoins on-demand within seconds by posting at least 200% collateral to the Venus smart contract.

Name:Venus(XVS)
III. Related Links
Website:https://venus.io/
Explorers：https://bscscan.com/token/0xcf6bb5389c92bdda8a3747ddb454cb7a64626c63
Social Media: https://twitter.com/VenusProtocol

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.