Venus BUSD

Venus Protocol (“Venus”) is an algorithmic-based

money market system designed to bring a complete decentralized

finance-based lending and credit system onto Binance Smart

Chain. Venus enables users to utilize their cryptocurrencies by

supplying collateral to the network that may be borrowed by

pledging over-collateralized cryptocurrencies. This creates a

secure lending environment where the lender receives a

compounded interest rate annually (APY) paid per block, while the

borrower pays interest on the cryptocurrency borrowed. These

interest rates are set by the protocol in a curve yield, where the

rates are automated based on the demand of the specific market,

such as Bitcoin. The difference of Venus from other money market

protocols is the ability to use the collateral supplied to the market

not only to borrow other assets but also to mint synthetic

stablecoins with over-collateralized positions that protect the

protocol. These synthetic stablecoins are not backed by a basket

of fiat currencies but by a basket of cryptocurrencies. Venus

utilizes the Binance Smart chain for fast, low-cost transactions

while accessing a deep network of wrapped tokens and liquidity.

If you would like to know where to buy Venus BUSD at the current rate, the top cryptocurrency exchange for trading in Venus BUSD stock is currently Venus. You can find others listed on our crypto exchanges page.

Venus BUSD (vBUSD) is a cryptocurrency and operates on the BNB Smart Chain (BEP20) platform. Venus BUSD has a current supply of 2,694,770,470. The last known price of Venus BUSD is 0.0215438 USD and is up 0.09 over the last 24 hours. It is currently trading on 1 active market(s) with $0.00 traded over the last 24 hours. More information can be found at https://app.venus.io/dashboard.

If you would like to know where to buy Venus BUSD at the current rate, the top cryptocurrency exchange for trading in Venus BUSD stock is currently Venus. You can find others listed on our crypto exchanges page.

Venus BUSD (vBUSD) is a cryptocurrency and operates on the BNB Smart Chain (BEP20) platform. Venus BUSD has a current supply of 2,694,770,470. The last known price of Venus BUSD is 0.0215438 USD and is up 0.09 over the last 24 hours. It is currently trading on 1 active market(s) with $0.00 traded over the last 24 hours. More information can be found at https://app.venus.io/dashboard.

such as Bitcoin.

such as Bitcoin. The difference of Venus from other money market

protocols is the ability to use the collateral supplied to the market

not only to borrow other assets but also to mint synthetic

stablecoins with over-collateralized positions that protect the

protocol. These synthetic stablecoins are not backed by a basket

of fiat currencies but by a basket of cryptocurrencies. Venus

utilizes the Binance Smart chain for fast, low-cost transactions

while accessing a deep network of wrapped tokens and liquidity.

Venus Protocol (“Venus”) is an algorithmic-based

money market system designed to bring a complete decentralized

finance-based lending and credit system onto Binance Smart

Chain. Venus enables users to utilize their cryptocurrencies by

supplying collateral to the network that may be borrowed by

pledging over-collateralized cryptocurrencies. This creates a

secure lending environment where the lender receives a

compounded interest rate annually (APY) paid per block, while the

borrower pays interest on the cryptocurrency borrowed. These

interest rates are set by the protocol in a curve yield, where the

rates are automated based on the demand of the specific market,

such as Bitcoin.