$BUSD Enters Final Deprecation Phase on Venus
$BUSD Enters Final Deprecation Phase on Venus
A new Fast Track Governance proposal has been issued to lower the collateral factor (CF) of $BUSD to 0% on Venus. Users are advised to repay outstanding loans with $BUSD collateral and promptly withdraw and swap their BUSD supply to other stablecoins to prevent potential liquidations.
馃摙 Attention all users! $BUSD is now entering its final deprecation phase, as a result, a new Fast Track Governance proposal has been issued to lower the collateral factor (CF) to 30%. To ensure a smooth transition and prevent potential liquidations, we highly recommend that
馃摙 Attention all users! $BUSD has entered its final deprecation phase on Venus. As a result, a new Fast Track Governance proposal has been issued to lower the collateral factor (CF) to 0%. To ensure a smooth transition and prevent potential liquidations, we highly recommend
SafeBlock Launches Direct Staking and Multichain Swaps
SafeBlock has integrated two key DeFi features into their platform: - **Direct staking** capabilities - **Multichain swap** functionality The update aims to streamline DeFi interactions by consolidating multiple features in one interface. Users can now perform staking and cross-chain transactions without leaving the platform. Visit [SafeBlock](http://safeblock.com) to explore the new features.
Venus Protocol Reports 4x Increase in Q2 Fees
Venus Protocol demonstrated significant growth in Q2 2025, with protocol fees increasing fourfold compared to the previous quarter. This growth is attributed to organic protocol usage rather than promotional activities or temporary incentives. Key points: - 400% increase in protocol fees - Growth driven by genuine user adoption - Indicates sustainable protocol development This metric suggests increasing market confidence in Venus's decentralized lending and borrowing services.
Messari Q2 Report Shows Growth Across Key Metrics
Messari's Q2 report indicates consistent growth in key performance indicators: - Daily active users showed notable increase - Total deposits demonstrated upward trajectory - Borrowing activity expanded across the platform The metrics suggest sustained platform adoption and increased user engagement during the second quarter. These developments reflect broader market activity in the DeFi sector.
RedStone Atom Partners with Venus Protocol for Advanced Liquidation Intelligence
RedStone Atom has announced a strategic integration with Venus Protocol to enhance liquidation intelligence capabilities. Key developments: - Implementation of faster liquidation processing - Seamless integration with existing Venus infrastructure - Enhanced market efficiency through intelligent liquidation mechanisms The partnership marks a significant step in improving DeFi liquidation processes, with Venus becoming one of the first protocols to leverage RedStone Atom's technology.
Venus Protocol Launches USDC Borrowing Incentives
Venus Protocol has introduced new borrowing incentives in partnership with Gauntlet. The program offers: - 15,000 USDC in rewards for USDC borrowers - Two-week duration for the incentive program - Available exclusively on Unichain Users can access these rewards through the [Venus Core Pool](https://app.venus.io/#/core-pool/market/0xB953f92B9f759d97d2F2Dec10A8A3cf75fcE3A95?chainId=130). *Time-sensitive opportunity: Limited two-week window to participate.*