Following recommendations from Chaos Labs, the snBNB market and two other isolated markets have been temporarily paused on Venus due to a Binance Oracle price feed issue. The Venus community will propose injecting liquidity from the treasury to the affected pool while funds are being recovered. Other markets on Venus are unaffected and the Binance Oracle team has fixed the issue.
Following the @chaoslabs recommendations and out of an abundance of caution due to today's Binance Oracle price feed issue on the Isolated LST BNB Pool, the snBNB market has been temporarily paused along with 2 other *isolated* markets (agEUR, stkBNB) with similar Binance
Venus and Binance Oracle will share complete details shortly. The $snBNB price feed is back to normal, Core Pool and other markets are unaffected. Funds are SAFU.
Some facts: Binance Oracle, which supports the asset of snBNB in the *isolated* pool reported a wrong price resulting in about $200k of borrows. This is the only reported issue. This user is associated with a Binance account. There's no issue with the core pool or otherwise.
Venus Launches Pendle Fixed-Rate Vault on Core Protocol
Venus has introduced a new Pendle Fixed-Rate Vault integrated into its Core protocol. The vault allows users to access fixed-rate yields through Pendle's yield tokenization mechanism. This integration brings predictable returns to Venus users who prefer stable, predetermined rates over variable yields. Key features: - Fixed-rate earning opportunities through Pendle integration - Built directly into Venus Core protocol - Combines Venus's lending infrastructure with Pendle's yield products The launch expands Venus's product offerings beyond traditional variable-rate lending and borrowing. Users can now choose between floating and fixed rates depending on their risk preferences. Full technical details and implementation specifics are available in the [official launch post](https://venuslabs.medium.com/introducing-the-pendle-fixed-rate-vault-on-venus-core-ff069e6630e2).
Pendle and Venus Partner to Bring Fixed-Rate DeFi to BNB Chain
Pendle and Venus have announced a collaboration to make fixed-rate DeFi more accessible on BNB Chain. **Key Details:** - Pendle provides the underlying yield infrastructure - Venus builds the vault through BNB Chain's largest lending market - The partnership aims to bring fixed-rate DeFi products to a broader audience - Users can access these products through Venus's established lending platform This collaboration combines Pendle's yield tokenization technology with Venus's market presence to offer predictable returns in DeFi.
Venus Simplifies Fixed-Rate Yield Process with Pendle Integration
Venus has streamlined the process of earning fixed-rate yields through Pendle, reducing what was previously a complex multi-step journey. **The Old Way:** - Source the correct token - Swap to PT (Principal Token) on Pendle - Return to Venus protocol - Supply as collateral - Navigate 4-5 steps across 2 separate protocols Most users abandoned the process due to its complexity. **The Solution:** Venus has integrated this workflow, eliminating the friction that prevented users from accessing fixed-rate yields. The new system removes the need to manually bridge between protocols and manage multiple transactions. This update makes fixed-rate DeFi yields more accessible to everyday users who previously found the process too technical or time-consuming.
Venus Protocol Strengthens Oracle Security with Multi-Layer Defense
Venus Protocol has implemented a **layered oracle design** that significantly increases security against price manipulation attacks. **Key security improvements:** - Attackers must now compromise multiple data sources simultaneously to push through fraudulent prices - The multi-layered approach creates natural checkpoints that detect anomalies - System resilience is built into the architecture rather than added as an afterthought **Transparency matters:** Venus clearly communicates the boundaries of their security model, helping users understand both protections and limitations. This design philosophy prioritizes honest communication alongside technical robustness.
Venus Protocol Teases Pendle Integration for Simplified Fixed Yields
Venus Protocol is preparing to launch a new feature that will bring **fixed yield opportunities** to its platform through integration with Pendle Finance. Key details: - **One-click access** to fixed yields - **No prior Pendle experience required** - simplified user experience - Launch timeline not yet announced This integration aims to make fixed-rate DeFi yields more accessible to Venus users by removing the complexity typically associated with Pendle's yield tokenization protocol.