Venus Protocol (XVS) is an algorithmic-based working financial market strategy. As mentioned in the whitepaper, Venus was the first decentralized stablecoin, and several crypto assets supported the protocol without lending any control or operation rights. The protocol aims to set a complete decentralized fund-based borrowing and credit system onto the Binance Smart Chain (BSC). Binance Smart Chain (BSC) is a blockchain network built for running smart contract-based applications, thus providing a high-speed, secure, and low transaction cost blockchain. Moreover, it seeks to eliminate existing Ethereum blockchain problem areas, including bottlenecks, a shortage of inter-compliant resources, and excessive processing fees. 

The availability and benefit of security arise from developing a system that allows a conventional finance system to be linked to creating synthetic stablecoins. These technologies are instantiated on the ledger and accessed through a GUI. Furthermore, the method unlocks vast sums of currency in value currently locked up on blockchain technologies without any loan markets while also helping individuals achieve legal timing reliability. Venus is intended to address all of the issues associated with existing financial loaning, bridging the gap by providing users with a decentralized and secure platform to help them take loans, earn income, and mint synthetic cryptocurrencies. 

The native token for the Venus protocol is XVS. The XVS can be earned via the Binance LaunchPool or by offering liquidity to the protocol. Venus was designed to allow for shared ownership. Venus seeks to advance to mint stablecoins from your provided collateral which can be spent at over 60 million locations across the world using the Swipe framework. Moreover, the XVS token seeks to enable users to use cryptocurrency by supplying network security. The supply aims to create a secure borrowing ecosystem. 

Ultimately, the Venus protocol has been developed to seek to provide users with a decentralized and secured marketplace. The protocol aims to completely operate on BSC, removing existing pain points on the Ethereum blockchain concerning congestion, lack of cross-chain compatible assets, and increased transaction fees. 

As per the Venus whitepaper, the Venus token was launched on November 27, 2020. 

Actualizamos nuestro Venus a EUR en tiempo real. Obtén el precio de Venus actual en Coinbase.

La capitalización de mercado actual de Venus es de35,033 M €. Una capitalización de mercado alta implica que el activo está muy valorado dentro del mercado.

El máximo histórico de Venus es 125,37 €. Este valor representa el precio más alto pagado por Venus desde su lanzamiento.

Durante las últimas 24 horas, el volumen de negociación de Venus ha sido de 3,042 M €.

Entre los activos que tienen una capitalización de mercado similar a Venus se encuentran SKALE, Rekt (rekt.com), UMA y muchos otros. Para ver una lista completa, consulta nuestros activos con capitalización de mercado comparable.

Actualmente, Venus cuenta con un suministro en circulación de 16 millones.